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Aug 26, 2026

Shinhan Financial partners with Visa to build stablecoin and AI payment infrastructure

South Korea's Shinhan Financial Group has signed a strategic agreement with Visa to test stablecoin issuance, remittances and redemptions using Visa's stablecoin platform, while also developing AI-powered payment models for the Korean market.

Aug 26, 2026·4 sources

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Top claims

▪The partnership marks the first time a top-tier South Korean financial group has formally adopted Visa's enterprise stablecoin infrastructure to test a domestic settlement stack.
▪Shinhan Financial Group will utilize Visa's enterprise stablecoin platform, launched in July 2026, to verify core functions including the issuance, remittance, and redemption of stablecoins.
▪Visa previously tested stablecoin settlement on the Canton Network using Brale's SBC stablecoin to evaluate privacy controls for financial institutions.

Subtopics

Cross-border payments1 Crypto payments regulation1 Stablecoin regulation1 Stablecoins1

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