Naver’s New Stablecoin Wallet Could Transform Busan Into Korea’s First Tokenized City

Turning a Popular Cashback Card Into Blockchain Money Naver Financial has quietly finished building a stablecoin wallet that will convert Busan’s Dongbaek-jeon—a prepaid payment card—into actual tokens on a blockchain. City officials launched Dongbaek-jeon back in 2019 to help local businesses by offering shoppers five to ten percent instant cashback. Continue Reading