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Hedera and Korea's Shinhan Bank partner on KRW stablecoin pilot

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cointelegraph.com

South Korea’s Shinhan Bank and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances using stablecoins on the Hedera Network.The new proof of concept by South Korea's Shinhan Bank for remittances can send money internationally within seconds for a fraction of a cent on the Hedera Network.Hedera claims that the average fee per transaction on its network is $0.0001, and the average transaction time is 3-5 seconds, both vast improvements

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