South Korea's JB Financial Group subsidiary Jeonbuk Bank has completed a stablecoin cross-border remittance PoC with Solana Foundation and Node Infra, enabling the full process of KRW deposits, stablecoin conversion, bank custody, cross-border settlement, and local bank payments in a real banking environment. This solution uses Solana's private channel, ensuring counterparties and transaction amounts are not directly disclosed on the public blockchain, with only fund deposits and final settlement results recorded on the public chain. Stablecoin conversion is also handled within the bank's custody system, rather than relying on external cross-chain bridges. Jeonbuk Bank plans to integrate this technology with its "Bravo Korea" service for foreign residents in Korea once relevant regulations are implemented. (Edaily) https://(wublock123.com)/news/guoquan-north-bank-completes-solana-stablecoin-cross-border-remittance-poc-with-no-need-to-publicly-list-the-counterparty-and-amount-on-the-blockchain-69255