> ## Content Index
> Fetch the complete content index at: https://www.fintechobserver.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# SBI DigiTrust Partners with South Korean Firms to Test Cross-Border Stablecoin Payments
- URL: https://www.fintechobserver.com/sbi-digitrust-partners-with-south-korean-firms-to-test-cross-border-stablecoin-payments/
- Published: 2026-10-02T02:20:43.000Z
- Updated: 2026-10-02T02:20:43.000Z
- Author: Norbert Gehrke
- Tags: payments, cross-border payments, stablecoins, korea

SBI DigiTrust, a blockchain infrastructure provider under the SBI Group, has entered into an agreement with South Korean payment processor NICE Information & Telecommunication and blockchain infrastructure developer DSRV to conduct joint feasibility testing for cross-border stablecoin transactions between Japan and South Korea.

The initiative aims to evaluate the commercial viability of stablecoin-based remittances and retail payments. The primary test scenario focuses on Japanese tourists using QR codes to execute payments at NICE’s merchant network across South Korea. The joint trial is scheduled for completion by the end of December 2026.

## Sign up for Japan FinTech Observer

Cutting through the noise of Japanese Finance & FinTech

Subscribe 

Email sent! Check your inbox to complete your signup. 

No spam. Unsubscribe anytime.

The tripartite alliance leverages specific operational capabilities across both markets:

- **SBI DigiTrust** is managing compliance, financial infrastructure integration, and settlement framework design on the Japanese side.
- **NICE Information & Telecommunication**, South Korea's primary payment VAN/PG operator with a network of approximately 1.2 million merchants, is overseeing local point-of-sale integration and operational viability.
- **DSRV** is leading the technical design, addressing blockchain RPC infrastructure, node setup, and system interoperability.

Beyond technical interoperability, the companies are analyzing transaction cost structures, volume scalability, and settlement speed to determine long-term profitability. The framework is being evaluated against South Korea's evolving regulatory environment for digital assets and stablecoins, with technical parameters designed to adapt as regulatory policy develops.

Results from the trial will serve as the baseline data for deciding whether to move forward with full commercial deployment.

---

[SBI XDC Network APAC Advances Regional Blockchain Integration with TOPPAN Factoring Trial and DSRV PartnershipSBI XDC Network APAC, a joint venture between Japan’s SBI Holdings and UAE-based TradeFinex Tech, has completed two major initiatives aimed at accelerating enterprise blockchain adoption across the Asia-Pacific region. The company successfully executed an online trade factoring pilot utilizing digital corporate IDs with TOPPAN, while simultaneously![](https://storage.ghost.io/c/46/cb/46cbd57f-e0e8-41a4-a1e2-710103a4267b/content/images/icon/Newsletter-Small-abe3fa13-1d5c-4273-b106-4074c9f97b5b.png)Japan FinTech ObserverNorbert Gehrke![](https://storage.ghost.io/c/46/cb/46cbd57f-e0e8-41a4-a1e2-710103a4267b/content/images/thumbnail/SBI-XDC-a12bfcad-c64b-4c33-bc7d-cacaa5e73160.png)](https://www.fintechobserver.com/sbi-xdc-network-apac-advances-regional-blockchain-integration-with-toppan-factoring-trial-and-dsrv-partnership/)