
Hana Financial and Hanwha Asset sign MOU with ADGM on stablecoins
- —The MOU was signed on September 16 between Hana Financial, Hanwha Asset and ADGM
- —The goal is stablecoins, cross-border payments and Korea-Abu Dhabi remittances
- —The parties will study an interoperable digital asset ecosystem
- —No stablecoin issuance or service launch has been announced yet
Why it matters: Major Korean financial groups are entering the UAE's regulated digital asset market, intensifying competition for stablecoin infrastructure in Asia.
Source: Digital Today
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