The partnership between Shinhan Bank, SB Group, and Hedera through the Governing Council is driving forward the application of blockchain in stablecoin pilots.
Utilization of Hedera’s comprehensive services, including HTS, HSCS, and EVM, demonstrates a robust framework for the future of financial technologies.
The HBAR Foundation is propelling the Hedera ecosystem into the forefront of financial innovation. Key institutions like Shinhan Bank and Standard Bank Group are not only participating but actively leading the way through pilot programs focused on stablecoins.
As highlighted in a CNF YouTube video, these banks are harnessing the potential of stablecoins to revolutionize financial transactions.

Notable among these efforts are the pilots conducted by Shinhan Bank and Cathay Bank, which have showcased real-time settlements and integrated foreign exchange rates via Hedera’s services. This initiative marks significant advancement in employing digital currencies for streamlined an

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