币界网报道:South Korea's KakaoPay has seen its shares surge over 200% in the past month amid growing market speculation about its potential stablecoin ventures. The mobile payment giant, a subsidiary of internet conglomerate Kakao, filed applications for six stablecoin-related patents (PKRW, KKRW, KRWP, KPKRW, KRWKP, KRWK) last week, signaling preparations for future regulatory approval. The company currently holds approximately $429 million in user prepayment balances, positioning it as a prime candidate for stablecoin adoption according to analysts. This development follows South Korean President Lee Jae Myung's pledge to promote local currency-backed stablecoins and comes as the U.S. advances its own stablecoin legislation through the GENIUS Act. KakaoPay told media the patent filings were precautionary measures while monitoring regulatory developments.