South Korean Exchange Upbit to Work on KRW Stablecoin With Naver Pay: Report

South Korean Exchange Upbit to Work on KRW Stablecoin With Naver Pay: Report

A KRW stablecoin could effectively iron out the spread between exchanges and end the "kimchi premium."

Korean Firms Upbit and Naver Pay Partner to Launch Won-Backed Stablecoin Amid Regulatory Shifts

Korean Firms Jump Into Stablecoin Game Upbit and Naver Pay are the latest South Korean companies throwing their hats into the stablecoin ring. It’s part of a broader shift as local firms start leveraging clearer regulations around these digital assets. On Tuesday, Dunamu—the company behind Upbit, South Korea’s biggest crypto exchange—confirmed it’s teaming up with Naver Pay, a major fintech player, to develop a won-backed stablecoin. A Dunamu of…

Korean Won Stablecoin: Upbit And Naver's Revolutionary Partnership Unlocks Future Payments

BitcoinWorld Korean Won Stablecoin: Upbit and Naver’s Revolutionary Partnership Unlocks Future Payments A seismic shift is underway in South Korea’s financial landscape, as two of its biggest names, crypto exchange Upbit and tech giant Naver, join forces. This isn’t just another tech alliance; it’s a strategic move set to redefine digital transactions through a new Korean Won Stablecoin payment project. For anyone tracking the evolution of digit…

Upbit and Naver Pay team up to launch Korean won stablecoin

Biggest exchange in South Korea is planning to launch its own stablecoin, backed by local currency.

South Korean Exchange Upbit to Work on KRW Stablecoin With Naver Pay: Report - EUROPE SAYS

South Korean cryptocurrency exchange Upbit is working with payments company Naver Pay to promote a won (KRW) stablecoin initiative, KBS reported, citing an