星球日报|Aug 20, 2026 01:54
[South Korean Stablecoin Sector Stocks Surge, Kakao Pay Rises 10.91%]
Odaily Planet Daily News: According to Gate data, South Korean stablecoin sector stocks saw a collective surge. Kakao Pay rose 10.91% to 45,750 KRW; The Zone increased by 10% to 2,090 KRW; NHN KCP climbed 9.76% to 14,840 KRW; Hecto Financial soared 20.49% to 22,350 KRW; and Danal rose 11.73% to 5,190 KRW.
Analysts believe the market may have been boosted by news of former U.S. President Trump urging Congress to advance the CLARITY Act. During a meeting at the White House with key figures in the crypto industry, Trump emphasized that the act would provide a regulatory foundation for the U.S. to maintain its leadership in the digital asset space. If the U.S. crypto regulatory framework becomes more defined, it could drive the global expansion of the digital asset and stablecoin payment ecosystem. These expectations are currently strengthening South Korea's payment and fintech sectors.
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