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Toss Bank to test Solana for global remittance and settlement PoC

Traditional bank interconnected with glowing Solana network map symbolizing fast global cross-border payments.

Toss Bank is set to run a proof of concept with the Solana Foundation to test blockchain-based global remittance and settlement, according to the available reporting. The initiative is described as a memorandum of understanding rather than a live product launch.

Based on the sources provided, the first phase will focus on cross-border transfers using stablecoins and on assessing whether Solana can support settlement workflows more efficiently. The reported scope also includes a broader review of blockchain-based payment models, with possible future exploration of digital assets and tokenized assets.

The available reports say Toss Bank framed the cooperation as a starting point for applying blockchain infrastructure to services it already offers. They also said the bank plans to evaluate technical feasibility before any broader rollout, which means the project remains in the testing stage for now.

Details such as specific corridors, currencies, timelines or implementation partners were not disclosed in the material provided. The available source also does not show an official public statement from Toss Bank or Solana beyond the reporting cited, so the exact scope of the PoC should be treated as preliminary.

The move adds another example of a traditional financial institution testing blockchain rails for payments, but the available evidence stops short of showing a finished service or confirmed customer rollout. Further confirmation would be needed to clarify how far the test goes and whether it leads to a wider deployment.