Jeonbuk Bank tests cross-border stablecoin transfers on Solana

South Korea's Jeonbuk Bank has completed a pilot program for cross-border remittances using stablecoins on the Solana blockchain. Conducted in collaboration with the Solana Foundation and Node Infra, the test simulated the transfer of funds from South Korea to foreign countries, utilizing a private channel to ensure transaction data privacy while recording settlements on the main network.