Odaily News Circle Internet Group (CRCL) became the most popular overseas stock among South Korean retail investors in June, with a cumulative purchase amount of US$450 million. The companys stock price has soared by more than 500% since its listing on June 5, and its market value once exceeded US$77 billion, exceeding the total market value of its issued stablecoin USDC (US$61 billion). This phenomenon stems from South Korean President Lee Jae-myungs accelerated promotion of the legalization reform of the Korean won stablecoin, and the stock price of local financial technology company KakaoPay rose by 160% during the same period. (CoinDesk)
South Korean retail investors have poured nearly $450 million into Circle stock this month
2025/06/27 14:51
Latest news
18:38
CoinW Lists Blum Token (BLUM) and Launches $13,000 Reward Program
18:08
Hong Kongs Treasury Department and the SFC consult on the proposed regime for regulating virtual asset trading and custody service providers
18:06
CESS Network (CESS) is now available on Binance Alpha. The minimum score for airdrop is 170 points.
18:00
Bitget Wallet上线Rhea Finance BTC质押活动
17:58
Whales withdraw 2,500 BTC in one month, with a floating loss of more than $2.18 million
Recommended Reading
Group Channel
