Today news
About the same in other media
Hedera and Korea's Shinhan Bank partner on KRW stablecoin pilot
Reading now: 287
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 from what is currently available from traditional remittances.
In a Nov. 29 announcement, Hedera stated that it aims to determine whether it is possible to issue and distribute stablecoins for financial use cases with lower fees and shorter completion
Read more on cointelegraph.comAbout this in other media
Even This Hydraulics Firm Takes Crypto, DeFi, NFT & Metaverse Plunge cryptonews.com /3 years ago
South Korea’s Potential Next President Calls Crypto ‘A Means of Trading & Investment’ cryptonews.com /3 years ago
South Korea intensifies tax-evasion probe; crypto investment firm under investigation ambcrypto.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
