Shinhan Signs an MOU for Visa's Stablecoin Rails
Crypto as Financial InfrastructureShinhan Financial Group, one of South Korea's largest financial holding companies, signed a non-binding memorandum of understanding with Visa on August 26, 2026, to pilot Visa's stablecoin platform for issuance, remittance and redemption testing, alongside AI-based payment models, ahead of South Korea's Digital Asset Basic Act, which would set the licensing regime.