Jin Ok-dong, chairman of Shinhan Financial Group, said, "Enterprise resource planning (ERP) banking, stablecoins, and artificial intelligence (AI) agents are not merely technological challenges but are key drivers that can reshape the fundamental functions of finance and create new customer-centered value."
Shinhan Financial Group noted that Jin made these remarks during the 'Analyst Day' event held on Jeju Island on the 28th and 29th. Approximately 30 financial analysts attended the event.
Chairman Jin discussed the trends in the global digital asset market, strategies for promoting stablecoin projects, and forecasts for the financial industry amid changes in the regulatory environment, focusing on the theme of digital paradigm shifts and the financial sector's responses. Jin stated, "Digital transformation and changes in the regulatory environment are a huge trend redefining the essential competitiveness of financial firms" and added, "Shinhan Financial will practice finance that grows together with customers even in times of crisis, and will lead the way for Korean finance to secure competitiveness on the global stage."
The fact that Chairman Jin mentioned stablecoins is being evaluated as noteworthy. Kim Seung-min, head of the research center at Korbit, was invited as a speaker at the event and explained the trends in the global digital asset market. Previously, Jin had met with Circle chairman Hisat Tabert on the 22nd. Circle is the issuer of the stablecoin (USDC), which ranks second in circulation in the stablecoin market.