Toss Bank and Solana will work on a proof-of-concept for overseas remittances and payments involving stablecoins.

Toss Bank said Monday it signed a memorandum of understanding with the Solana Foundation to explore blockchain-based financial infrastructure, becoming the firs

Toss Bank and Solana will work on a proof-of-concept for overseas remittances and payments involving stablecoins.

South Korea's Toss Bank signed an MOU with the Solana Foundation to test stablecoin cross-border remittances for its roughly 15 million customers.