Circle, Tether file for trademarks in South Korea amid stablecoin talks

The two leading global stablecoin issuers, Circle and Tether, are moving to secure trademarks in South Korea in a bid to preemptively capture the market, Electronic Times Internet reported. According to data from the Korea Intellectual Property Rights Information Service (KIPRIS) on April 20, Circle has filed for a total of 11 trademarks in the country. These filings have been concentrated in the last two years, with three this year and eight last year. Tether has also filed for a total of six trademarks, with two this year and two last year.