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South Korea's Shinhan Card plans to test real-time stablecoin payments on the Solana blockchain
Golden Finance reports, Golden Finance reports, on April 30th, South Korea’s largest credit card company, Shinhan Card, announced that it has signed a cooperation agreement with the Solana Foundation to jointly build a stablecoin payment system on the Solana blockchain.
As part of the collaboration, Shinhan Card is conducting an advanced proof of concept this year, focusing on simulating real-world payment scenarios between customers and merchants on the Solana testnet. Shinhan Card Executive Vice President Kim Young-il stated: “Based on Solana, we plan to carefully test the practical applicability of blockchain technology and actively explore the next-generation financial models.”