Shinhan Financial Group met Digital Asset and Canton Foundation representatives on Sept. 29 to discuss group-wide cooperation in tokenized finance and digital asset infrastructure, including payment and settlement systems, tokenized-asset distribution, real-world-asset tokenization and overseas investor access to Korean financial products. Separately, Hana Card signed a three-way memorandum of understanding with Hana Bank and Tether on Oct. 1 to explore connections between stablecoins and South Korean financial services. Tether’s market capitalization was about $183.8 billion that day, according to CoinMarketCap. Hana Card also signed a strategic business agreement with Circle late last year and ran a stablecoin payment marketing campaign with Crypto.com in March. Hana Financial Group completed regulatory acceptance of its virtual asset service provider filing through BitGo Korea on Sept. 18 and plans to expand cooperation with stablecoin issuers and digital-asset infrastructure companies.