According to Deep Tide TechFlow, on July 3, KB Kookmin Card applied for 35 trademarks related to stablecoins, including 'KBCSTB', 'KBCST', and 'KBCKRW' on July 1.

This is the second South Korean credit card company to apply for a stablecoin trademark after the new Han Card. KB Financial Group stated that the trademark application is part of the group's digital transformation, and specific work will begin after legal improvements are made.

Analysts believe that the expansion of stablecoin trademark applications by South Korean financial institutions reflects the trend of the financial industry actively laying out the digital asset market.