Tether, the company behind USDT, filed seven trademark applications with the Korea Intellectual Property Rights Information Service (KIPRIS).
Two of the marks, KRWT and WONTETHER, point to a possible Korean won-pegged stablecoin
The filings appeared in the KIPRIS database, with no public statement from the company. Observers read the two won-themed marks as the strongest hint yet that Tether wants a localized stablecoin in South Korea. KIPRIS Filings Hint at a Won-Linked Token Reports citing KIPRIS list seven Tether marks.
The KRWT and WONTETHER applications have drawn the most attention. KRW is the standard code for the South Korean won. WONTETHER reads as a direct fusion of the local currency and the company brand.