Shinhan, SBI make Japan-Korea tourist spending a test case for yen stablecoins
Summary
Shinhan and SBI are launching a pilot project using yen stablecoins to process tourist spending between South Korea and Japan. The initiative aims to evaluate security protections for travelers while testing whether digital currency can accelerate international trade settlements.
The companies will assess safeguards for travelers and whether stablecoins can speed up trade settlement between South Korea and Japan.
Source: Read the full story at Cointelegraph.com News
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