CoinEx News: Toss Bank, a South Korean internet-only bank with about 15 million customers, signed an MOU with the Solana Foundation in Seoul on June 19, announced June 22, to run a proof-of-concept (PoC) for Solana-based global remittance and settlement infrastructure. A PoC means an early test, not a product launch. The first phase will check whether stablecoins, tokens designed to track fiat currencies like the dollar, can move overseas payments on Solana.

That limited test still puts a regulated Korean banking app next to public-chain payment rails, giving SOL a cleaner institutional adoption story to watch as Korea shapes stablecoin rules.