Korea’s in a full-on stablecoin bubble right now: ▪️There are zero clear regulatory guidelines on stablecoins so far. ▪️Every other day, Korean financial news headlines are like: “XYZ bank/company just filed a trademark for a stablecoin.” ▪️Whenever a listed company files a stablecoin-related trademark, its stock price jumps 15–30% in a day. That's just the norm. ▪️Companies that have filed for stablecoin trademarks include: Toss Bank, Viva Republica, Shinhan Financial Group, NHN KCP, Kakao Pay, KB Kookmin Bank, Hana Bank, KakaoBank, K Bank, IBK, Shinhan Card, Mirae Asset, Danal, and more. Fun fact: $CRCL was the most purchased foreign stock by Korean investors in June, with a net inflow of $410M just in that month. Koreans are actively looking for the next @circle.