South Korea's NH NongHyup Explores Stablecoin-Powered VAT Refunds to Speed Up Payments for Tourists: Will This Make Airport Queues a Thing of the Past?
NH NongHyup Bank is testing a system that lets tourists get VAT refunds instantly using stablecoins and blockchain. The pilot aims to reduce paperwork, speed up payments, and make cross-border refunds faster and more transparent.
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