Naver Financial is set to introduce a local stablecoin wallet in Busan, enabling the conversion of various fiat currencies into a stablecoin version of the regional currency, Dongbaek-jeon. This initiative, aimed at both residents and tourists, is supported by Hashed and the Busan Digital Asset Exchange (BDAN) and is expected to go live next month. Naver also plans to integrate this service with its crypto wallet, Naver Pay Wallet, although full functionality will depend on forthcoming local stablecoin regulations in South Korea.