According to FT, South Korean President Lee Jae-myung's support for won-pegged stablecoin policies has sparked a market frenzy. Related stocks such as Kakao Pay, LG CNS, Aton, and ME2ON surged sharply, with the Kospi index up nearly 30% year-to-date, reaching a four-year high. South Korea has become Asia's best-performing market in the first half of 2025.