Toss Bank tests Solana-based remittances
Toss Bank, South Korea’s third-largest internet-only bank, has signed a memorandum of understanding with the Solana Foundation.
The partnership aims to test global remittance and settlement infrastructure based on the Solana network.
The bank plans to assess the potential use of stablecoins in overseas remittances, starting with a review of the feasibility of applying blockchain infrastructure to payments and digital assets.