Internet reports that there has been a recent upsurge in stablecoins around the world, and the stock price of this still-developing technology-related company has risen sharply, causing some investors to be wary. Kakaopay, which is listed in Seoul-listed in the FTSE Global FinTech and Blockchain Index, has outperformed all its peers this year, with its increase almost twice that of Robinhood Markets Inc., and despite large purchases by retail investors, institutional investors generally sold net. Cha So-Yoon, equity investment manager at Taurus Asset Management, said it is too early to judge whether the stock price of a stablecoin company is at a reasonable level or assess its valuation, but a stablecoin will be issued no matter what, and the issuer will also sit on billions of dollars in revenue.