Naver Financial and Hashed to launch stablecoin wallet in December

Naver Financial is set to launch a stablecoin wallet service next month, a project developed with blockchain investment firm Hashed, the Seoul Economic Daily reported. The wallet, named Bdan Jumeoni (meaning “silk pouch” in Korean), is a joint venture that also includes the Busan Digital Asset Nexus (Bdan). Development of the initial version has been completed, and the wallet is currently undergoing final verification. Specific details are expected to be unveiled at Blockchain Week in Busan (BWB) 2025 on Dec. 22. The launch comes as Naver Financial is also pursuing a merger with Dunamu, the operator of crypto exchange Upbit.