Hana Card Launches USDC Tourist Payments Pilot With 5% Cashback via Crypto.com

Overview

• Foreign visitors can load USDC onto Crypto.com prepaid Visa cards to pay Korean merchants and earn 5% cashback in CRO.
• The rollout follows Hana Card’s December partnership with Circle, with USDC set as the primary funding option for the pilot.
• Hana frames the program as a real-world check of stablecoin compatibility with existing card networks and point-of-sale systems.
• The company says it acquires roughly half of transactions on foreign-issued cards in South Korea, giving the test broad reach with tourists.
• The initiative aligns with Hana Financial’s digital-asset strategy, including a group task force, plans to seek a BitGo Korea custody license, and exploration of KRW-pegged stablecoins as the Digital Asset Basic Act takes shape.