Tuesday, October 21, 2025
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Hedera (HBAR) tapped by Shinhan Bank for stablecoin remittance solution  

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Hedera Network (HBAR) has been adopted by Shinhan Bank and Siam Commercial Bank for a distributed ledger technology-powered stablecoin remittance solution. Hedera, Shinhan Bank, and SCB join forces  South Korea’s Shinhan Bank and Siam Commercial Bank’s tech innovation

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South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners

South Korea’s Shinhan Bank has completed its second proof-of-concept using stablecoins for international remittances. Siam Commercial Bank’s SCB TechX unit and an unnamed Taiwanese financial institution also participated in the project.The project carried out real-time settlement and foreign exchange integration with the banks’ national currencies on the Hedera network. The

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