币界网报道：Circle's stock price surged over 500% in South Korea's over-the-counter market as retail traders invested approximately $450 million in the USDC stablecoin issuer. The dramatic rise occurred despite Circle not being publicly listed on traditional exchanges, with shares trading through local Korean brokerages at prices reaching up to $85 compared to the $3.50 valuation from Circle's last funding round. Market analysts attribute this frenzy to South Korean investors' growing interest in crypto-related assets and the "Kimchi Premium" phenomenon where digital assets often trade at higher prices in the country. Circle CEO Jeremy Allaire acknowledged the unusual trading activity but clarified the company remains focused on its core stablecoin business and potential IPO plans. Financial regulators in South Korea have begun monitoring the situation due to concerns about speculative trading and potential market risks.