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Shinhan Bank Joins Project Pangea to Test Won- and Euro-Based Stablecoins for Cross-Border Remittances

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2026-06-25 03:03:39
Shinhan Bank has joined Project Pangea to test cross-border remittances using stablecoins based on the South Korean won and the euro.

According to NS3.AI, the project will research settlement methods between South Korea and Europe.

The initiative focuses on evaluating how won- and euro-denominated stablecoins could be used to support cross-border payment and settlement processes between the two regions.
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