# Banks From Tokyo to Seoul Wire Stablecoins Into Cross-Border Payments

SBI launched a yen stablecoin, a South Korean digital bank tested Solana-based transfers, and Chainlink moved to connect dozens of banks.

- Published: 2026-06-24T10:28:54.561Z
- Canonical: https://polylog.news/crypto/2026-06-24/banks-from-tokyo-to-seoul-wire-stablecoins-into-cross-border
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Polylog editors](https://polylog.news), [CryptoSlate](https://cryptoslate.com/south-korean-digital-bank-15m-users-solana-stablecoins-overseas-transfers/)

Established financial institutions in Asia are embedding stablecoins into cross-border payment systems. In Japan, the $214 billion SBI Group launched JPYSC, described as the country's first trust-bank-backed yen stablecoin, bringing a regul…

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