Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AI-powered payment models.

Shinhan Financial Group, South Korea’s leading financial conglomerate, is collaborating with Visa to explore stablecoin issuance, remittance, and redemption. The initiative will also focus on developing new AI-powered payment models.

South Korea’s top financial conglomerate team up with Visa to test stablecoin issuance and B2B settlements

South Korea’s Shinhan Financial Group has signed a strategic agreement with Visa to build stablecoin payment infrastructure while expanding its work into AI-powered payments and business transactions. Shinhan Financial Group said Wednesday that the partnership will initially focus on testing&#8230;

South Korea’s Shinhan Financial Group has signed a strategic agreement with Visa to develop stablecoin payment infrastructure and enhance AI-powered payments and business transactions. The partnership will initially focus on testing the new payment systems.

Shinhan Financial taps Visa for stablecoin payments and settlement push

The two will also test the application of stablecoins in card payments, AI-based future payment models, and B2B and B2C payment businesses.

South Korea’s Shinhan Bank will utilize Visa’s stablecoin platform to explore future finance initiatives. The collaboration will include testing stablecoin applications in card payments, AI-driven payment models, and both B2B and B2C payment businesses.

South Korea’s Shinhan to use Visa’s stablecoin platform for ‘future finance’ initiatives

تعاونت مجموعة شينهان المالية، أكبر مجموعة مالية في كوريا الجنوبية، مع فيزا لاختبار إصدار العملات المستقرة وتطوير نماذج الدفع المدعومة بالذكاء الاصطناعي. تهدف هذه الشراكة إلى تعزيز بنية الدفع التحتية للمعاملات بين الشركات والمستهلكين، مما يمثل خطوة مهمة نحو مبادرات التمويل المستقبلية.

El Grupo Financiero Shinhan, el principal conglomerado financiero de Corea del Sur, se ha asociado con Visa para probar la emisión de stablecoins y desarrollar modelos de pago impulsados por IA. Esta colaboración tiene como objetivo mejorar la infraestructura de pagos para transacciones B2B y B2C, marcando un paso significativo hacia las iniciativas de finanzas futuras.

Le groupe financier Shinhan, principal conglomérat financier de Corée du Sud, s'est associé à Visa pour tester l'émission de stablecoins et développer des modèles de paiement alimentés par l'IA. Cette collaboration vise à améliorer l'infrastructure de paiement pour les transactions B2B et B2C, marquant une étape importante vers les initiatives de finance future.