Japanese visitors may be able to pay with yen stablecoins in South Korea under Shinhan-SBI pact

Shinhan and SBI have agreed to explore a partnership that would let Japanese visitors to South Korea pay merchants using yen-denominated stablecoins, alongside peer-to-peer wallet transfers for cross-border remittances. The arrangement is exploratory and focuses on card-linked merchant payments rather than a launched product. Traders would care only as a signal of growing stablecoin use in cross-border payments, but no specific token or near-term volume is involved, so price impact is minimal.