XDC Network: SBI and Shinhan Card sign payment MOU - 21 Oct 2026
SBI XDC Network APAC, SBI VC Trade and Shinhan Card sign a payment memorandum of understanding on 21 Oct 2026. The agreement explores cross-border payments and in-store payment integration using a Japanese yen-denominated stablecoin.The payment work focuses on Japan and Korea. XDC Network is the network being explored for transfers between these markets and purchases at physical stores, with the yen-denominated stablecoin as the payment asset.SBI XDC Network APAC, SBI VC Trade and Shinhan Card have signed an MOU to explore cross-border payments and in-store payment integration using a JPY-denominated stablecoin.Advancing payment use cases across Japan and Korea.