Stablecoin Pact: Shinhan and Visa Team Up in South Korea
The partnership links planned stablecoin pilots to Shinhan’s bank and card businesses as South Korea advances a wider framework for stablecoins, VASP licensing and crypto ETFs.
Orca is a decentralized exchange built on the Solana blockchain, operating as an automated market maker that enables users to swap digital assets directly from their wallets without relying on a traditional order book or intermediary. It was among the first general-purpose AMMs launched on Solana and is designed around a straightforward interface that lowers the barrier to entry for participants in decentralized finance. Through the platform, users can trade tokens, supply liquidity to trading pools, and earn yield from those positions. The protocol is also structured as composable infrastructure, allowing other decentralized applications to integrate its swapping, liquidity, and on-chain data features as building blocks within their own products. The ORCA token functions as the native utility and governance asset of the exchange, supporting participation in the protocol's decision-making processes. Orca sits within the Solana ecosystem and is part of the portfolios of notable crypto venture firms. Its overall focus is on making core DeFi activities accessible to a broad audience by combining Solana's high-throughput performance with a simplified user experience.
The partnership links planned stablecoin pilots to Shinhan’s bank and card businesses as South Korea advances a wider framework for stablecoins, VASP licensing and crypto ETFs.
Orca is the most user-friendly DEX on Solana. Orca is one of the first general-purpose AMMs launched on Solana.
Orca (ORCA) is categorised as: Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi).
The official Orca site is https://www.orca.so/.
Most recent Orca coverage: "Stablecoin Pact: Shinhan and Visa Team Up in South Korea" — read at /en-US/a/stablecoin-pact-shinhan-and-visa-team-up-in-south-korea.