iM Bank is making a move into the digital asset space, announcing on the 4th that it has filed a trademark for a Korean Won (KRW)-based stablecoin. This development signals iM Bank's intention to explore opportunities within the burgeoning stablecoin market. According to Newsis, the trademark applications include 12 items, such as iMKRW, iMST, and KRWiM. These names cleverly combine "KRW" (representing the Korean Won) with "iM," the bank's rebranded name following its conversion to a commercial bank. This branding strategy highlights the stablecoin's peg to the national currency. iM Bank joins a growing list of South Korean financial institutions exploring KRW-backed stablecoins. Previously, industry giants like Industrial Bank of Korea (IBK), Shinhan Financial Group, Toss Bank, KB Kookmin Bank, KakaoBank, and Naver have also filed trademarks for similar ventures. This trend underscores the increasing interest in stablecoins as a potential bridge between traditional finance and the world of cryptocurrency within the South Korean market. The launch of a KRW-based stablecoin by iM Bank could potentially facilitate smoother and more efficient transactions within the Korean digital economy, offering users a stable and reliable digital currency alternative. ```