South Korea is enhancing its digital finance infrastructure with a new wallet service called 'Bidan Jumeoni,' developed by Hashed, Naver Financial, and Busan Digital Asset Exchange. The app, currently in pre-launch, will enable users to exchange foreign currencies into 'Dongbaekjeon,' a won-pegged stablecoin issued as Busan's local currency. This initiative reflects growing adoption of localized stablecoins backed by fiat currency to facilitate easier digital transactions.