Shinhan Bank and Standard Bank to Test Cross-Border Stablecoins on Hedera Network

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Shinhan Bank and Standard Bank to Test Cross-Border Stablecoins on Hedera Network

Watch CoinDesk Video: Shinhan Bank and Standard Bank to Test Cross-Border Stablecoins on Hedera Network.
A major South Korean, Shinhan Bank, and South Africa-based Standard Bank will issue stablecoins issued by their local currencies using the Hedera Network to facilitate money transfers worldwide. Hedera Hashgraph CEO Mance Harmon shares insights into the stablecoin solution, its possible impact on international remittances, and potential regulatory headwinds ahead.

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