Hana Card Partners with Tether to Expand Digital Asset Payment Ecosystem

Hana Card announced on October 1, 2026, that it has signed a three-party Memorandum of Understanding (MOU) with Hana Bank and stablecoin issuer Tether to explore potential collaboration opportunities.

Previously, in December 2025, Hana Card entered into a strategic business agreement with Circle, the issuer of USDC. In March 2026, Hana Card also launched a stablecoin payment marketing initiative in partnership with Crypto.com, which provided partial cashback in stablecoins to foreign visitors in Korea when making payments at domestic merchants.

On September 18, 2026, Hana Financial Group, through BitGo Korea—a joint venture established with BitGo, a global specialist in digital asset custody—received approval as a virtual asset service provider (VASP) from the Financial Intelligence Unit. This enabled the group to build a regulatory foundation for digital asset custody services for institutional and corporate clients in Korea. By collaborating with both major global stablecoin issuers in payment solutions, utilizing overseas remittance via Dunamu's KIAH Chain, and proactively establishing infrastructure for token securities (STO), Hana Financial Group is building an integrated digital asset value chain ecosystem encompassing issuance, custody, payment, remittance, and token securities.

Hana Financial Group announced its plan to continue expanding collaborations with leading domestic and international stablecoin issuers and digital asset infrastructure companies.

This content was produced with the assistance of AI translation services.