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Hana partners with Circle, Crypto.com to support global stablecoin payments for foreign customers

Hana partners with Circle, Crypto.com to support global stablecoin payments for foreign customers

An image by Hana Financial Group on the its plan to strengthen digital asset ecosystem and global cooperation drive / Courtesy of Hana Financial Group

An image by Hana Financial Group on the its plan to strengthen digital asset ecosystem and global cooperation drive / Courtesy of Hana Financial Group

Hana Financial Group Chairman Ham Young-joo / Corutesy of Hana Financial Group

Hana Financial Group Chairman Ham Young-joo / Corutesy of Hana Financial Group

Hana Financial Group has partnered with global digital asset firms Circle and Crypto.com to promote stablecoin-based payments for foreign visitors in the country, the group said Thursday.

It is the latest effort by Hana to test real-world use cases for digital assets in the payment ecosystem here, part of a broader strategy to better prepare for the institutional bank-led adoption of won-denominated stablecoins.

The initiative led by the group’s card subsidiary, Hana Card, will enable foreign customers…

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