Shinhan and SBI Test Yen Stablecoins

South Korea's Shinhan Card and Japan's SBI VC Trade signed an agreement Tuesday to test yen stablecoin payments for travelers. The initiative assesses anti-money-laundering controls and aims to speed up trade settlement between the nations, following a proof-of-concept completed in April. Travel between the two countries generated more than 10 million visitor arrivals in the first eight months of 2026.