According to 100y.eth, the research director of Four Pillars, a South Korean Web3 research institution, South Korea is currently experiencing a stable currency foam, and there is no clear guidance on supervision. Almost every day, there are financial news reports about a bank or company applying for a stablecoin related trademark. Once a listed company applies for a related trademark, 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 Waiting for multiple financial and technology giants. In addition, South Korean investors' interest in stablecoins has also extended to the international market. Data shows that CRCL became the most purchased foreign stock by South Korean investors in June, with a net inflow of $410 million.