According to the latest information from CoinVoice, 100y.eth, research director at South Korean Web3 research institution Four Pillars, analyzed that South Korea is currently experiencing a stablecoin bubble, with no clear regulatory guidance.
Almost every day, financial news reports that some bank or company is applying for stablecoin-related trademarks. When a publicly traded company applies for related trademarks, its stock price usually rises by 15%-30% on the same day. Currently, companies that have applied for stablecoin trademarks include Toss Bank, Viva Republica, Shinhan Financial Group, NHN KCP, Kakao Pay, KB Kookmin Bank, and other financial and technology giants.
In addition, South Korean investors' interest in stablecoins has extended to international markets. Data shows that $CRCL became the most purchased foreign stock by South Korean investors in June, with a net inflow of $410 million. [Original link]