SBI Digital Practice and Kyobo Life completed a cross-border pilot that directly converted yen-linked test tokens into won-linked tokens. The trial examined whether stablecoin infrastructure could reduce delays, conversion steps, and costs in institutional transfers. SBI and Kyobo Test Direct Yen-Won Settlement Cross-border institutions could eventually move funds between Japan and South Korea without routing []
SBI Digital Practice and Kyobo Life completed a cross-border pilot that directly converted yen-linked test tokens into won-linked tokens. The trial examined whether stablecoin infrastructure could reduce delays, conversion steps, and costs in institutional transfers. SBI and Kyobo Test Direct Yen-Won Settlement Cross-border institutions could eventually move funds between Japan and South Korea without routing []
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