Korean Stocks Surge on President Lee’s Stablecoin Push

July 1, 2025

Catenaa, Tuesday, July 01, 2025-South Korean equity markets soared this week after newly elected President Lee Jae-myung pledged strong support for won-backed stablecoins, triggering investor euphoria across crypto-linked stocks. The Kospi index surged nearly 30 percent year-to-date, marking its best performance in four years and positioning it as Asia’s top-performing market for the first half […]