shinhan card, 28m users, $145b annual transaction volume, completed a 6-part PoC with visa, mastercard, and fireblocks then signed an MOU with solana foundation for production infrastructure. south korea's largest card processor chose solana over ethereum for 400ms finality and sub-cent settlement costs. nine other korean card issuers formed a task force to standardize stablecoin payment protocols. korea's entire $600b+ annual card market is coordinating migration to blockchain rails. if 10% of shinhan's vo ...

South Korea's largest automaker completes pilot USDT stablecoin transfer on AvalancheHyundai Motor, South Korea's largest automaker, became the country’s first major company to use blockchain for real-time internal cross-border treasury transfers. The company completed a $20,000 USDT stablecoin pilot from its U.S. entity to its Mexico entity on Avalanche, cutting settlement time from several hours through traditional banking rails to about seven minutes. Hyundai plans to expand the mechanism to more countri ...