South Korea's third-largest internet-only bank, Toss Bank, signed an MOU with the Solana Foundation to test cross-border remittances and stablecoin settlements on Solana, with plans to expand into payments and real-world asset tokenization.
A major traditional bank adopting Solana for real-world use cases like remittances and tokenization signals growing institutional adoption and bridges traditional finance with blockchain.
Coinporta summarises news for fast scanning. Full reporting belongs to the source.