[Market Highlight] Interest in Stablecoins and Payment Services Surges... Danal Up 17%
The stock price of Danal is surging. There is a strong inflow of funds into stocks related to stablecoins and payments.
As of 9:29 a.m. on September 19, Danal's stock price had risen 17.32% from the previous day, reaching 10,700 won.
Danal, established in 1997, is a leading domestic electronic payment service company. In 2019, it entered the cryptocurrency business in earnest by issuing "Paycoin" through its subsidiary Danal Fintech. The company is currently operating a stablecoin task force and is actively pursuing business in this area.
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Investor sentiment is also focusing on other companies related to stablecoins and payments alongside Danal. Thezen recorded an increase of over 11% during the same period. NHN KCP also posted a gain of more than 5%.
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