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Shinhan Card taps Solana for advanced stablecoin payment pilot
Shinhan Card signed an MOU with the Solana Foundation to run a more advanced proof of concept for real-world stablecoin payments. The project follows a joint pilot completed at the beginning of April and targets merchant and customer payment use cases. Shinhan Card, South Korea’s second-largest credit card issuer, said the work will also explore non-custodial wallets and a hybrid TradFi-DeFi model.