South Korean Stablecoin Outflows Hit 18 Months
6 Articles
6 Articles
(Seoul = Yonhap News) Reporters Han Ji-hoon, Park Soo-hyun, and Yoo Dong-hyun = Despite the slump in the virtual asset market, the volume of stablecoins flowing out of the country to overseas amounts to hundreds of billions of won every month...
South Korea’s Stablecoin Exodus Hits 18-Month Streak As Traders Flee Domestic Platforms
The numbers have gone from alarming to routine. For a year and a half, more stablecoins have left South Korean exchanges than have come back. June was no exception. The five largest won-based platforms shipped 2.76 trillion won in stablecoins to overseas venues and received 2.20 trillion won, leaving a net gap of 560.3 billion won—roughly $367 million—according to the original report. That extends a streak of uninterrupted net outflows stretchin…
CoinStats - South Korea’s Stablecoin Exodus Hits 18-Month...
The numbers have gone from alarming to routine. For a year and a half, more stablecoins have left South Korean exchanges than have come back. June was no exception. The five largest won-based platforms shipped 2.76 trillion won in stablecoins to overseas venues and received 2.20 trillion won, leaving a net gap of 560.3 billion won—roughly $367 million—according to the original report. That extends a streak of uninterrupted net outflows stretchin…
South Korea Stablecoin Outflows Extend to 18 Months as Offshore Demand Grows
TLDR: South Korea posted a 560.3 billion won net stablecoin outflow in June, extending the trend to 18 months. Cumulative net stablecoin transfers since January 2025 reached about 14.9 trillion won, according to data. June outflows equaled 77.6% of Korean retail investors’ net purchases of foreign shares during the month. Offshore platforms attract Korean traders with derivatives, DeFi, staking, and tokenized asset products. South Korea recorde…
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