South Korea's stablecoin net outflows reach $367M in June

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South Korea’s stablecoin net outflows reached $367 million in June 2026, according to the Financial Supervisory Service. Five major exchanges transferred 27.625 billion won abroad, while inflows totaled 22.022 billion won. This marks the 18th consecutive month of outflows since January 2025. Overseas stock investments recorded net outflows of 16.185 billion won in Q2, slightly lower than stablecoin flows. Analysts say the funds are being used for crypto derivatives, Korean stock products, and DeFi/RWA services unavailable domestically. A South Korean MP warned that high-leverage trading abroad could distort the risk-reward ratio for investors. These trends may undermine value investing strategies in crypto for local traders.

Odaily Planet Daily report: Funds in South Korea’s stablecoins continue to flow overseas. According to data from the Financial Services Commission, in June 2026, the five major South Korean crypto exchanges transferred $276.25 billion KRW in stablecoins to overseas exchanges, while receiving $220.22 billion KRW, resulting in a net outflow of approximately $56.03 billion KRW (about $367 million USD).

Data shows that from January 2025 to June 2026, net outflows of stablecoins from overseas exchanges have exceeded inflows for 18 consecutive months. In the second quarter of this year, net outflows of stablecoins from South Korea reached KRW 1.6872 trillion, while net sales of overseas stocks amounted to KRW 1.6185 trillion during the same period. Analysts believe that stablecoins flowing overseas are primarily used to access cryptocurrency derivatives, spot and futures products linked to South Korean stocks, and services such as RWA and DeFi, which are not available on domestic exchanges.

South Korean lawmakers stated that capital outflows and overseas high-leverage trading have increased investor risks, and the government needs to strengthen related regulations and protective measures. (Yonhap)

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