Tether Files 7 South Korea Trademarks, Sparking Won-Pegged USDT Speculation

Tether has submitted seven trademark applications to the Korea Intellectual Property Rights Information Service (KIPRIS). Notable filings include "KRWT" and "WONTETHER," which analysts interpret as a potential move to launch a stablecoin pegged to the South Korean won. These filings fall under software and cryptocurrency classifications, though one unusual application, "PROOF OF STEAK," targets the food and hospitality sector.

While Tether has not officially confirmed these plans, the move aligns with South Korea's evolving "Digital Asset Basic Act," which encourages foreign issuers to establish a local presence. A won-pegged stablecoin could significantly strengthen Tether's market dominance in the region, potentially positioning the company to compete with local bank-led initiatives and other fintech stablecoin projects.

(Source：BeInCrypto)