Tether seeks trademark protection in South Korea for its logo and Tether Gold

Tether has submitted seven trademark applications in South Korea, including registrations covering the "Tether" logo and its gold-backed stablecoin, "Tether Gold," according to filings on Korea’s Intellectual Property Rights Information Service (KIPRIS), Odaily Planet Daily reported. Market participants say the filings may signal groundwork for a South Korean subsidiary and a broader push into the local market. South Korea’s forthcoming Digital Asset Basic Law is expected to require offshore stablecoin issuers to establish domestic branches before conducting circulation activities in the country. The move is being viewed as an early step that could put Tether ahead of rival Circle. Circle CEO Jeremy Allaire visited South Korea in April, calling it one of the world’s most dynamic virtual asset markets. (Chosun)