币界网报道：NPay, a South Korean fintech firm, has announced plans to develop a stablecoin infrastructure pegged to the Korean won (KRW), aiming to facilitate seamless transactions within the Web3 ecosystem. The company intends to leverage blockchain technology to ensure stability and compliance with local regulations, targeting both retail and institutional users. NPay emphasized that the stablecoin will be fully backed by reserves held in trusted financial institutions, addressing concerns about transparency and reliability. The initiative aligns with South Korea's growing interest in digital assets and follows recent regulatory discussions on stablecoin frameworks. NPay expects to launch pilot programs later this year, pending regulatory approvals, with broader adoption anticipated in 2024. Industry analysts note that this move could position South Korea as a key player in the global stablecoin market.