Naver Financial is launching a local stablecoin wallet in Busan, allowing users to exchange various fiat currencies into the stablecoin version of Busan's local currency, 'Dongbaek-jeon,' designed for residents and tourists. The project is supported by Hashed and the Busan Digital Asset Exchange (BDAN) and is expected to go live next month. Naver also plans to integrate it with its crypto wallet, Naver Pay Wallet, though full functionality will depend on the implementation of South Korea's regulations for local stablecoins. (The Block) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=52438