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Yooli Card Applies for Korean Won Stablecoin Trademark, Credit Card Companies Rush to Enter Stablecoin Market
Summary: According to reports from Digital Asset, Yooli Card applied for multiple stablecoin-related trademarks, including 'WCKRW', 'WCWON', and 'WONWC', with the Korean Intellectual Property Office on July 10, 2025. This makes it the third credit card company to enter the stablecoin field, following Shinhan Card and KB Kookmin Card. In this application, Yooli Card specified products ...
According to reports from Digital Asset, Yooli Card applied for multiple stablecoin-related trademarks, including 'WCKRW', 'WCWON', and 'WONWC', with the Korean Intellectual Property Office on July 10, 2025. This makes it the third credit card company to enter the stablecoin field, following Shinhan Card and KB Kookmin Card.
In this application, Yooli Card specified products including downloadable software for stablecoins. The potential applications of stablecoins as a payment method are being widely discussed, and the credit card industry is showing strong interest in this area.
It is worth noting that Yooli Bank, a subsidiary of Yooli Financial Group, applied for multiple stablecoin trademarks on July 7, indicating active participation by the five major financial holding companies in the stablecoin market.
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Link: Yooli Card Applies for Korean Won Stablecoin Trademark, Credit Card Companies Rush to Enter Stablecoin Market [Copy]