Shinhan Builds Stablecoin Rails

SeoulA bank is building stablecoin rails with a card network, not around one.

Visa keeps the merchant ties and fraud liability that raw blockchain settlement never offered.

South Korea’s Shinhan is also testing a won-denominated tokenized fund as digital-asset legislation advances.

The deal is a pilot agreement, not a launch, and no settlement date is set.

Sources: CoinDesk