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Shinhan Bank tests stablecoin-based corporate overseas remittances for real-world use

Shinhan Bank implemented the full process for corporate overseas remittances using stablecoins and verified whether it could be applied in actual operations. The bank said it completed a proof-of-concept that keeps existing corporate remittance workflows while applying stablecoins to the bank’s payment and settlement processes. Corporate clients would continue using existing corporate banking and foreign-currency accounts. The Solana Foundation participated in technical cooperation.