Blockchain Settlement

Hana Bank issued a $100 million foreign-currency digital bond through Euroclear’s blockchain settlement platform, completing allocation and payment on the issuance date. The transaction highlights how established market infrastructure could accelerate tokenized securities activity as South Korea prepares a broader framework for February 2027.

Swift’s blockchain settlement expansion and Stripe’s proposed PayPal bid highlight a new phase in the fight over global payment infrastructure. The focus is shifting from proving stablecoin technology to controlling wallets, merchant acceptance and settlement rails.

J.P. Morgan has widened its Kinexys blockchain payments platform to support eight currencies, adding five Asia-Pacific units. The move deepens the network’s reach for institutional settlement and foreign exchange activity.