Shinhan Card, a leading South Korean credit card company, has announced a partnership with the Solana Foundation to develop a stablecoin payment system on the Solana blockchain. The collaboration involves an advanced proof-of-concept to simulate real-world payment scenarios on the Solana testnet, focusing on the security and stability of non-custodial wallets for potential large-scale deployment. The initiative aims to explore a hybrid finance model that merges traditional finance reliability with DeFi efficiency. Shinhan Card plans to utilize oracle technology and deploy smart contracts to create a stable DeFi service environment. This project will be evaluated in the context of Korea's evolving regulatory landscape, as the country prepares to finalize the Digital Assets Basic Act this year.