Shinhan Bank completes stablecoin pilot for foreign patients' medical payments

Shinhan Bank and payment operator KSNET completed a proof-of-concept letting foreign patients pay for medical care in overseas stablecoins while Seoul clinics settle in Korean won. Clinics avoid holding or trading digital assets, with an overseas regulated operator handling conversion and remittance.

• Pilot ran at a Seoul medical institution with limited trial transactions
• Patients pay in stablecoins; clinics receive won via KSNET
• Clinics avoid holding crypto or bearing price risk
• All payment-to-settlement records are logged electronically