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XDC Network: SBI and Shinhan Card sign payment MOU - 21 Oct 2026

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SBI XDC Network APAC, SBI VC Trade and Shinhan Card sign a payment memorandum of understanding on 21 Oct 2026. The agreement explores cross-border payments and in-store payment integration using a Japanese yen-denominated stablecoin.

The payment work focuses on Japan and Korea. XDC Network is the network being explored for transfers between these markets and purchases at physical stores, with the yen-denominated stablecoin as the payment asset.

XDC Network
@XDCNetwork

SBI XDC Network APAC, SBI VC Trade and Shinhan Card have signed an MOU to explore cross-border payments and in-store payment integration using a JPY-denominated stablecoin.

Advancing payment use cases across Japan and Korea.https://t.co/O6Qf1vsd29 https://t.co/Gi7BsEwYkk

Oct 21, 2026