South Korean stablecoins experience 18-month net outflow to overseas exchanges

iconPANews
Share
This is the logo of the coin.
USDT
----
This is the logo of the coin.
USDC
$1.000%
This is the logo of the coin.
UST
----
AI summary iconSummary
In June 2026, South Korean stablecoins saw a net outflow of 2.7625 trillion KRW ($19.19 billion) to overseas exchanges, while inflows from abroad totaled 2.2022 trillion KRW ($15.3 billion), resulting in a net outflow of 560.3 billion KRW ($3.89 billion)—marking 18 consecutive months of outflows since January 2025. Crypto news reports this trend continues, with major exchanges such as Upbit and Bithumb showing consistent capital movement. Crypto Today highlights the ongoing shift of capital from domestic to international platforms.

PANews, August 2: According to Yonhap News, in June of this year, the total amount of stablecoins flowing from South Korea’s five major crypto exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—to overseas exchanges amounted to 2.7625 trillion Korean won (approximately $1.919 billion USD). During the same month, stablecoins flowing from overseas exchanges into South Korean exchanges reached 2.2022 trillion Korean won (approximately $1.53 billion USD), resulting in a net outflow of 560.3 billion Korean won (approximately $389 million USD) (calculated as outflows minus inflows). From January 2025 through June of this year, South Korean stablecoins have experienced 18 consecutive months of net outflows to overseas exchanges.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.