Shinhan teams with Visa to test stablecoin issuance in Korea

August 26, 2026

Shinhan Financial Group is teaming up with Visa to test stablecoin issuance, remittance and redemption in South Korea, using Visa's platform to build new AI-powered payment models. The project also targets B2B settlements, adding to growing bank penetration of stablecoins in the Korean market. No launch date has been given.

Sources

Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Koreacoindesk.com ↗

CoinDesk

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Shinhan teams with Visa to test stablecoin issuance in Korea — Outposts