According to FT, South Korean President Lee Jae-myung's support for won-pegged stablecoin policies has sparked a market frenzy. Related stocks such as Kakao Pay, LG CNS, Aton, and ME2ON surged sharply, with the Kospi index up nearly 30% year-to-date, reaching a four-year high. South Korea has become Asia’s best-performing market in the first half of 2025. — link

#reads memetic provenance

https://x.com/simononchain/status/1939319440375779522

this is an interesting piece

to me, provenance as a trend only comes in post maturity

just as how antiques age, provenance needs more time alongside market (participants) maturity

probably takes years to decades to see the transition

in the meantime we continue the trend of tokenizing attention and soon creators

or what some might call creator capital markets

possible icm subset and hence why icm feels like the only possible reinvention of narratives to spark excitement again rn

either that or something new surprises us down the line as with every q4

buying a game character for $18k, interesting

https://x.com/sebbspw/status/1939173029961179580

⚠️🇺🇸 The Congressional Budget Office (CBO) has estimated that Trump's "big, beautiful bill" will increase the budget deficit by $3.3 trillion over the next decade, according to Axios.

entire move retraced just like that