KakaoPay Rises 200% After Filing Stablecoin Trademarks and Riding Wave of Korean Government Crypto Plans — Is Korea’s Stablecoin Market About to Take Off?
KakaoPay’s stock jumped over 200% in one month after it filed trademarks linked to Korean won-backed stablecoins and gained investor attention. The rise followed strong government support for local stablecoins and signs that new laws may soon allow private companies to issue them.
