ICYMI, @ethena_labs has just launched on @upbitglobal, making it more accessible to the South Korean market.

Since its listing, there's been a notable 26% spike.

Upon further deep dive, here are some intriguing insights I've discovered:

✧ Approximately 25% of individuals aged 20-50 in South Korea hold cryptocurrency.

✧ The South Korean government is shifting its stance to become more pro-crypto and stablecoin.

✧ This trend is further supported by major South Korean companies expanding into the crypto and stablecoin sectors.

✧ CRCL has emerged as a top choice among Korean investors in recent weeks, with $443 million worth of its stock purchased by Korean traders.

✧ $ENA presents a promising opportunity to catch-trade Circle, as Ethena ranks as the third-largest digital dollar issuer and the fastest-growing scalable stablecoin.