Tether has applied for corporate name and logo trademarks in South Korea

Odaily Planet Daily News According to the Korea特许情报检索服务 KIPRIS, Tether recently filed applications in South Korea for a total of seven trademarks, including the "tether" logo and the gold-backed stablecoin "tether gold".

Based on this, the virtual asset industry speculates that Tether's move may be to establish a subsidiary in South Korea and prepare for entry into the Korean market in advance. The Digital Asset Basic Act is expected to require overseas stablecoin issuers to establish domestic branches in South Korea for distribution business, and Tether's move is seen as ahead of its competitor Circle. Circle CEO Jeremy Allaire visited South Korea in April and stated that South Korea is the most dynamic virtual asset market in the world. (Chosun)