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![eli5_defi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1481568237624393730.png) Eli5DeFi [@eli5_defi](/creator/twitter/eli5_defi) on x 37.6K followers
Created: 2025-07-12 11:00:11 UTC

ICYMI, @ethena_labs has just launched on @upbitglobal, making it more accessible to the South Korean market.

Since its listing, there's been a notable XX% spike.

Upon further deep dive, here are some intriguing insights I've discovered:

✧ Approximately XX% of individuals aged 20-50 in South Korea hold cryptocurrency.

✧ The South Korean government is shifting its stance to become more pro-crypto and stablecoin.

✧ This trend is further supported by major South Korean companies expanding into the crypto and stablecoin sectors.

✧ CRCL has emerged as a top choice among Korean investors in recent weeks, with $XXX million worth of its stock purchased by Korean traders.

✧ $ENA presents a promising opportunity to catch-trade Circle, as Ethena ranks as the third-largest digital dollar issuer and the fastest-growing scalable stablecoin.

![](https://pbs.twimg.com/media/GvpveHcbsAQzGSC.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1943988756689957122/c:line.svg)

**Related Topics**
[cryptocurrency](/topic/cryptocurrency)
[korea](/topic/korea)
[deep dive](/topic/deep-dive)
[notable](/topic/notable)
[listing](/topic/listing)
[south korea](/topic/south-korea)
[ethenalabs](/topic/ethenalabs)

[Post Link](https://x.com/eli5_defi/status/1943988756689957122)