Wu Blockchain (@WuBlockchain): NH NongHyup Bank, one of South Korea’s five largest banks, has launched a proof-of-concept in collaboration with Avalanche, Fireblocks, Mastercard, an…
Estimated coin impact
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- AVAX+70Positive
NH NongHyup Bank, one of South Korea’s five largest banks, has launched a proof-of-concept in collaboration with Avalanche, Fireblocks, Mastercard, and Worldpay to test a stablecoin-based VAT refund system. The initiative aims to evaluate smart contract–driven automation and stablecoin settlement models for inbound tourist tax refunds. https://t.co/2l8hN8tTID