Major South Korean Credit Card Company Partners with Solana Foundation to Launch Stablecoin Payment Pilot

Shinhan Card, a major South Korean credit card company, announced on April 30 that it has signed a memorandum of understanding (MOU) with the Solana Foundation. The MOU aims to co-develop stablecoin payment technologies and expand the next-generation payment ecosystem. Following a preliminary proof of concept (PoC) conducted last year, this year's experiments will be more advanced and conducted on Solana's testnet. The pilot will test real payment scenarios between customers and merchants...