CoinVoice has recently learned that, according to Fnnews, Samsung Securities has listed Kakao Pay and NHN KCP as the preferred targets in the Korean won stablecoin sector, raising their target prices by 23.4% and 24.8%, respectively.
Samsung Securities pointed out that if South Korea allows non-bank financial technology companies to issue stablecoins in the future, large platforms like Kakao Pay will have a significant first-mover advantage, and it is optimistic about their potential to generate revenue through stablecoin circulation. [Original link]