Shinhan Bank, one of South Korea’s largest banks, tested stablecoins across the full corporate cross-border remittance flow, from partner registration to returns, with Solana Foundation support. Clients keep their existing bank accounts, no wallets needed.

Plume and Shinhan Put The Korean Won To The Tokenization Test Shinhan Asset Management has signed an MOU with Plume Network (@plumenetwork) for a KRW-denominated tokenized fund PoC. The pilot will use Shinhan’s KRW ultra-short-term bond funds as underlying assets. Plume will test tokenization, distribution and compliance infrastructure for offshore markets. According to the press release, the companies will benchmark BlackRock’s BUIDL model during the demonstration. The PoC will test KYC, AML and whitelist-based transfer restrictions. The project does not involve actual issuance or distribution at this stage.

DATA LEAKS HAVE BEEN CONFIRMED AT SHINHAN, KB KOOKMIN, HANA AND BNK BUSAN BANKS, AS WELL AS YEGARAM SAVINGS BANK, WHERE ABOUT 40,000 CUSTOMERS WERE AFFECTED; HYUNDAI CAPITAL ALSO REPORTED A LEAK INVOLVING 146 MORTGAGE AGENTS.

Stablecoin payments are becoming browser flows. CoinDesk says Shinhan and Visa are testing stablecoin issuance, remittance and B2B settlement. As payment rails move onchain, users need clearer context on what they approve and what data they share. 🛡️🔍 #HootArk# #Web3#

DA has secured an additional $10 million from Shinhan Financial Group and Standard Chartered's SC Ventures. The new investors strengthen Canton's global reach as regulated institutions continue exploring onchain financial infrastructure.