KOSCOM Files Stablecoin Trademarks as South Korea Market Heats Up

South Korea’s stablecoin market is heating up, and KOSCOM, a Korea Exchange affiliate, is taking bold steps. First, it filed five new stablecoin trademarks. Then, it reorganized its digital asset division. Together, these moves show that traditional financial firms are adapting quickly to blockchain and digital currencies.

KOSCOM’s Stablecoin Trademarks

According to Seoul Finance, KOSCOM applied for five trademarks: KSDC, KRW24, KRW365, KOSWON, and KORWON. By doing so, the company is preparing to launch won-backed tokens for domestic payments, subscription services, and cross-border transactions.

Moreover, KOSCOM has a strong background in technology. It has built trading systems for South Korea’s capital markets and for exchanges in Laos, Cambodia, and Malaysia. Therefore, the firm has the expertise to support stablecoins with reliable technology and secure platforms.

Restructuring to Focus on Digital Assets

In addition to trademarks, KOSCOM restructured its Future Business Division into the Digital Asset Business Promotion TF Division. This new division reports directly to the chairman and focuses on developing proof-of-concept projects for stablecoins. It also evaluates how stablecoins can improve capital market settlements and designs secure payment systems for subscriptions and distributions.

As a result, the rollout will align stablecoins with existing financial processes. At the same time, the company is preparing for upcoming regulations from the South Korean government. This approach allows KOSCOM to innovate while staying compliant.

Rising Competition in South Korea

Meanwhile, competition in the stablecoin market is growing. Other firms such as BDACS, Toss, and fanC are also entering the space. On September 18, BDACS’ KRW1 became South Korea’s first won-backed stablecoin on the Avalanche blockchain.

Consequently, stablecoins are becoming one of the most dynamic areas in South Korea’s financial sector. Globally, regulatory moves like the STABLE Act in the U.S. and Hong Kong’s Stablecoin Ordinance are supporting the legitimacy of stablecoins. Although South Korea has not finalized rules yet, local firms are preparing for a regulated market.

KOSCOM’s Strategic Role

For decades, KOSCOM has been a backbone of South Korea’s securities infrastructure. Now, it is expanding into digital finance. The company plans to develop stablecoin applications for payments and settlements. Furthermore, it will explore cross-border uses and support South Korea’s regulatory transition for stablecoins.

By combining technology expertise with a clear roadmap, KOSCOM is positioning itself as a leader in the country’s growing stablecoin market. In addition, its early moves could give it a competitive advantage over fintech startups and traditional financial firms alike.

Looking Ahead

In the coming months, KOSCOM’s actions will be closely watched. If the company executes well, its won-backed stablecoins could gain wide adoption. Similarly, other firms entering the market may accelerate innovation, making South Korea a hub for stablecoin activity.

Overall, KOSCOM’s trademark filings and division restructuring demonstrate that it wants to lead South Korea’s stablecoin revolution. As regulations become clearer, the firm’s early preparation could help it set industry standards and strengthen its position in digital finance.

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