Naver Financial, alongside blockchain partners Hashed and BDAN, is launching a stablecoin wallet to digitize Busan’s regional currency, Dongbaek-jeon. The initiative aims to modernize local payments by converting fiat into stablecoins, improving merchant support and enabling real-time settlements. While regulatory clarity in South Korea remains pending, the project marks a significant advancement in integrating blockchain into daily commerce and aligns with Naver’s strategic expansion involving Dunamu, South Korea’s leading crypto exchange operator.
Continue to read Naver Unveils Stablecoin Wallet to Digitize Busan's Regional Currency
Naver Financial, alongside blockchain partners Hashed and BDAN, is launching a stablecoin wallet to digitize Busan’s regional currency, Dongbaek-jeon. The initiative aims to modernize local payments by converting fiat into stablecoins, improving merchant support and enabling real-time settlements. While regulatory clarity in South Korea remains pending, the project marks a significant advancement in integrating blockchain into daily commerce and aligns with Naver’s strategic expansion involving Dunamu, South Korea’s leading crypto exchange operator.
Continue to read Naver Unveils Stablecoin Wallet to Digitize Busan's Regional Currency
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