Toss Bank partners with Solana Foundation on blockchain remittances

AI핵심 요약

• ·Toss Bank said Monday it signed a memorandum of understanding with the Solana Foundation to explore blockchain-based financial infrastructure, becoming the first South Korean internet-only bank to partner with the organization behind the Solana network.
• ·The agreement focuses on developing next-generation cross-border payment infrastructure using blockchain technology.
• ·The two sides will conduct a phased proof of concept for international remittances on the Solana network, evaluate blockchain-based payment and settlement systems, and explore financial services involving stablecoins and digital assets.
• ·A signing ceremony was held Friday at Toss Bank's headquarters in Seoul, attended by Park Jin-hyun and Lily Liu.
• ·The companies had already been discussing blockchain-based remittance infrastructure before formalizing the partnership.