KB Financial Group completed a proof of concept for Korean won stablecoin payments and remittances that lowered test fees by about 87% versus SWIFT. KB Financial Group ran the verification with KG Inicis, Kaia, and OpenAsset across issuance, offline payments, merchant settlement, and cross-border remittances. The remittance flow took about 3 minutes in testing, and Hollys kiosk users paid by QR code without installing a digital wallet.
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KB Financial Group Completes Won Stablecoin Payment and Remittance Test on Kaia
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