Finance
Stablecoin integration accelerates with credit card networks; internet banks target remittances
Efforts to link stablecoins with established card networks are picking up pace, with Visa’s annualised stablecoin settlement volume at $4.5 billion and growing monthly. Korean internet banks are active around overseas remittances. Analysts expect the four biggest financial holding groups to post a combined 18.33 trillion won in annual net profit, up 12 percent. Financial firms also announced AI transformation programmes, fintech partnerships, listings and governance reforms, alongside legal changes for tokenised securities.