[South Korean Financial Institutions Pilot Stablecoin Payment Services for Foreign Users] According to the Korea Times, several South Korean financial institutions are bypassing regulatory restrictions caused by delays in the legislative process of the 'Basic Act on Digital Assets' by offering stablecoin payment services to foreign users. Hana Financial Group has partnered with Circle and (((Crypto.com))) to launch a pilot program supporting USDC settlements starting March 5, offering 5% cashback. Danal plans to collaborate with Circle and Binance Pay this month to introduce services allowing visiting Binance users in South Korea to make purchases with cryptocurrency, while merchants settle in Korean won. (((Crypto.com))) will team up with KG Inicis to launch (((Crypto.com))) Pay on March 17. BC Card is testing USDC payment technology with Coinbase, and KB Kookmin Card has applied for a patent for a hybrid payment system. Analysts believe these services will help validate technology and operational capabilities, paving the way for the launch of a Korean won stablecoin.