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Toss Bank and Solana test blockchain for faster, cheaper cross-border remittances.

Market News
22 Jun 2026
TheNewsCrypto
View Source
Bullish
pluang ai news

South Korea's Toss Bank and the Solana Foundation have launched a proof-of-concept program to explore using blockchain technology for international remittances. The initiative aims to assess whether blockchain can make cross-border payments faster and more efficient compared to traditional systems. The pilot will test Solana's blockchain network to evaluate transaction speed, cost-effectiveness, and technical performance without launching a commercial product yet. This collaboration reflects growing interest in applying blockchain beyond cryptocurrencies to improve global payment infrastructures.

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