Tether accelerates its entry into South Korea and has submitted a company name and logo trademark application According to BlockBeats, on May 19th, Tether is accelerating its entry into the Korean market. In the eyes of the cryptocurrency industry, the possibility of establishing a Korean branch in the future has also been raised as the company applies for trademark rights including the company name and logo in Korea. Tether has recently submitted a total of 7 trademark applications in South Korea, including the "Tether" brand logo and the gold linked stablecoin "Tether Gold". In the past, the company mainly focused on trademark registration for stablecoin product names in South Korea, but this time it has expanded to the level of brand and logo. Industry insiders believe that this may mean that it is preparing for the foundation of its business in the Korean market. According to analysis, as South Korea's Digital Asset Basic Law (Virtual Asset Phase II Law) gradually advances, overseas stablecoin issuers may need to establish local branches to conduct circulation business locally. Therefore, Tether's move is seen as a preemptive layout, taking action earlier than its competitor Circle. Circle CEO Jeremy Allaire visited South Korea in April this year to meet with financial holding companies and cryptocurrency exchanges to discuss potential cooperation. He said at the time, "South Korea is one of the most dynamic cryptocurrency markets in the world and also one of the countries most likely to develop a mature stablecoin market in the future