Crypto-Fueled Stablecoin Rally Makes South Korea Asia’s Top Market 2025
Key Takeaways
- South Korea’s Kospi Index surged nearly 30%, making it Asia’s best-performing crypto-driven market in early 2025.
- Stablecoin-linked firms like Kakao Pay and LG CNS witnessed historic price rallies driven by policy optimism.
- Retail leverage soared to $15 billion, raising valuation and risk concerns among financial observers.
South Korea’s capital market has surged in the first six months of 2025 on the strength of won-pegged cryptocurrency prospects. President Lee Jae-myung’s support for cryptocurrency backed by the Korean won has sparked fervent buying interest in blockchain and fintech-related stocks.
At their lead are Kakao Pay and LG CNS, which have also contributed to a project on a digital…
