Naver Pay will contribute 600 million won jointly with Jeju Bank to provide a total of 7.5 billion won in special credit guarantees for small merchants in Jeju, it said. Each business can receive up to 50 million won in guarantees, with non-financial support such as distributing offline payment terminals and providing digital education. The programme will link with Jeju’s interest subsidy scheme and expand fee refund support for on-site payments through year-end.

Toss Insight said the blockchain-based tokenised asset market has grown to about $39.1 billion, with yield-bearing products such as U.S. Treasuries, money market funds and corporate loans accounting for about 61%. It said DeFi and tokenised assets are increasingly combining with traditional financial services, making financial firms’ roles in product distribution and risk management more important. The report also flagged limits on investor eligibility and risks including smart contract errors and operational issues at external services.