Toss Bank Signs MOU with Solana Foundation to Test Cross-Border Remittances for 15M Customers on June 19

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According to Bitcoin.com News, Toss Bank, South Korea's third-largest internet-only bank, signed a memorandum of understanding with the Solana Foundation on June 19 to test stablecoin-powered cross-border remittances. The proof of concept aims to enable faster and cheaper transfers for the bank's roughly 15 million customers, with Toss handling the banking service and user experience while the Solana Foundation provides underlying blockchain infrastructure for settlement.
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