Korean stablecoin stocks surge, Hecto Financial jumps 20.49%

Korean stocks linked to the stablecoin sector rose sharply, with Hecto Financial gaining 20.49% to 22,350 won, according to Gate data. Kakao Pay climbed 10.91% to 45,750 won, The Zone rose 10% to 2,090 won, NHN KCP advanced 9.76% to 14,840 won, and Danal increased 11.73% to 5,190 won. The gains were attributed to expectations that President Trump’s call for Congress to advance the CLARITY Act could strengthen the regulatory foundation for the United States to retain its lead in digital assets. A clearer U.S. crypto regulatory framework could help expand global digital-asset and stablecoin payment ecosystems, supporting Korean payment and financial-technology stocks.

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Korean stablecoin stocks surge, Hecto Financial jumps 20.49% - CoinPost Terminal