1 month ago
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Key Takeaways
- Shinhan Card signed MOU with Solana Foundation.
- Shinhan focus: real-time PoC, non-custodial wallets, oracle technology, smart contracts.
- KB Kookmin: Avalanche hybrid card, stablecoin first, credit fills shortfall automatically.
- Hana Card: 5% cashback on USDC payments for international tourists, FX fee elimination.
- Woori Card: won-pegged stablecoin payments within Samsung Wallet.
- BC Card: interoperability pilot for domestic and international digital asset transactions.
- DABA expected: first half of 2026, 100%+ reserve requirement.
Five Problems, Five Workstreams
Read individually, each Korean card issuer running a stablecoin pilot is a separate corporate experiment. Read together, they are a coordinated infrastructure buildout solving five distinct problems simultaneously, and the division of labor is precise enough to suggest it is not accidental.
English (US)