South Korean payment company Danal submits 20 trademark applications related to stablecoins

According to Money Today, South Korean payment company Danal has submitted 20 trademark applications related to Korean won stablecoins. This move is part of the company's broader plan to seize the opportunity in the expected rise of the stablecoin market in China. In response to potential regulatory developments in the future, Danal has submitted trademark applications for names including Pitch, PCIK, KRWD, KRWS, and PSC.