Key Takeaways:
Shinhan Card and Solana Foundation to launch a stablecoin pilot via testnet. Solana-backed tests signal TradFi shift, as Shinhan explores hybrid finance models. Shinhan Card ties rollout to South Korea’s Digital Asset Act, pending 2026 rules. Solana Foundation Backs Shinhan Card Stablecoin Payments PilotThe two organizations signed a memorandum of understanding to collaborate on stablecoin-based payment systems and broader next-generation financial infrastructure. The initiative builds on an earlier proof-of-concept and will now move into a more advanced testing phase.
A key focus will be non-custodial wallets, which allow users to hold and manage their own funds without intermediaries. Shinhan Card said it intends to assess both the technical stability and operational viability of such wallets, with an emphasis on balancing user control and security.
Stablecoin Pilot Follows South Korea’s Digital Asset ActExecutives framed the partnership as a way to bridge the gap between conventional finance and emerging decentralized systems.
