South Korea’s Shinhan Card to test real-world stablecoin payments on Solana
Shinhan Card, South Korea's major credit card firm, is partnering with Solana Foundation to test stablecoin payments on blockchain. The proof-of-concept focuses on real-world merchant transactions, validating non-custodial wallet security and exploring hybrid finance models combining traditional banking with DeFi. This signals institutional crypto adoption ahead of South Korea's anticipated Digital Asset Basic Act regulation.
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