SBI VC Trade, Shinhan Card to explore in-store payments using yen stablecoins

SBI VC Trade, the crypto exchange under Japan’s SBI Group, has signed a basic agreement with SBI XDC Network APAC and South Korean credit card company Shinhan Card to work on a blockchain-based global payments ecosystem. The three parties will examine how digital assets, including yen-denominated stablecoins, could be integrated with offline payment services. The update was reported by Techub News, citing CoinPost. The announcement points to a cross-border collaboration between a Japanese crypto business, its joint venture, and a major Korean card issuer, with the stated focus on payment infrastructure rather than trading activity. No launch date, product timeline, or technical details were disclosed in the brief.