TechFlow news, on September 25, according to South Korean local media Chosun, Naver's financial subsidiary and Dunamu, the operator of virtual asset exchange Upbit, are advancing a comprehensive equity swap. This collaboration will integrate Naver's payment business, which handles an annual transaction volume of 80 trillion KRW, with Upbit, the world's fourth-largest virtual asset exchange, to jointly launch a Korean won stablecoin and plan overseas market expansion.
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