[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.

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%.