[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  MetaEra [@MetaEraHK](/creator/twitter/MetaEraHK) on x 49K followers Created: 2025-07-22 19:36:07 UTC Korean Won Stablecoin Enters Testing Phase, Shinhan Bank Leads Push for Commercial Use South Korea’s banking sector is accelerating its push into Korean won-based stablecoins, with Shinhan Bank aiming to complete a commercially viable stablecoin payment system within the year. The first pilot will integrate with “Ddangyo,” a local delivery platform with over XXX million users, to enhance regional currency payment efficiency and explore applications of programmable money. Shinhan Financial Group has also filed multiple stablecoin-related trademarks. Meanwhile, KB Kookmin Bank, Hana Bank, and NH Nonghyup Bank are advancing their own proof-of-concept (PoC) initiatives, and the Open Blockchain DID Association (OBDIA) has begun drafting a roadmap for joint issuance of bank-backed stablecoins. Industry experts anticipate that South Korea will accelerate testing and commercialization of stablecoins as regulatory frameworks become more defined.  XXX engagements  **Related Topics** [$7846t](/topic/$7846t) [stablecoins](/topic/stablecoins) [banking](/topic/banking) [coins stablecoin](/topic/coins-stablecoin) [Post Link](https://x.com/MetaEraHK/status/1947742471519105286)
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MetaEra @MetaEraHK on x 49K followers
Created: 2025-07-22 19:36:07 UTC
Korean Won Stablecoin Enters Testing Phase, Shinhan Bank Leads Push for Commercial Use
South Korea’s banking sector is accelerating its push into Korean won-based stablecoins, with Shinhan Bank aiming to complete a commercially viable stablecoin payment system within the year. The first pilot will integrate with “Ddangyo,” a local delivery platform with over XXX million users, to enhance regional currency payment efficiency and explore applications of programmable money. Shinhan Financial Group has also filed multiple stablecoin-related trademarks. Meanwhile, KB Kookmin Bank, Hana Bank, and NH Nonghyup Bank are advancing their own proof-of-concept (PoC) initiatives, and the Open Blockchain DID Association (OBDIA) has begun drafting a roadmap for joint issuance of bank-backed stablecoins.
Industry experts anticipate that South Korea will accelerate testing and commercialization of stablecoins as regulatory frameworks become more defined.
XXX engagements
Related Topics $7846t stablecoins banking coins stablecoin