Shinhan Financial Group, one of South Koreas five largest financial conglomerates, is partnering with Visa to develop stablecoin infrastructure and AI-powered payment models as the country moves toward clearer digital asset regulation. The Seoul-based financial group plans to use Visas enterprise stablecoin platform to test key functions such as stablecoin issuance, remittances and redemption. The companies will also work together to develop payment and settlement services tailored to the South Korean market. The partnership makes Shinhan the first major South Korean financial group to…
Source:: Shinhan, Visa Partner on Stablecoin Payment Infrastructure