South Korean software developer Polaris Office applies for stablecoin trademark POLAKRW
Powered by ChatGPTOn July 8, according to MTN News, software developer Polaris Office has become the latest major South Korean company to join the ranks of Korean Won-pegged stablecoins, having submitted a trademark application named POLAKRW for a stablecoin to the Korean Intellectual Property Office, totaling 102 cases. These applications cover three major product categories: computer software and crypto-asset related programs, electronic financial payment agency and crypto-asset brokerage services, and blockchain-based technology services and software development. A Polaris Office spokesperson said, "Stablecoins are the starting point for Web3 transformation and are the digital infrastructure that connects data, payments, and contracts. In the future, we will create a series of new markets and knowledge-sharing platforms around POLAKRW." [Deep Tide TechFlow]