Live Markets
Connecting to live market indices...
Bitcoin World

Stablecoin Outflows from South Korean Exchanges Reach $10.8B in 18 Months

BitcoinWorld Stablecoin Outflows from South Korean Exchanges Reach $10.8B in 18 Months South Korean won-market cryptocurrency exchanges have experienced a cumulative net outflow of approximately 14.9 trillion won ($10.8 billion) in stablecoins over the past 18 months, according to data released by the office of People Power Party lawmaker Lee Jong-wook.

The figures, reported by Digital Asset, track transfers from major domestic platforms including Upbit, Bithumb, Coinone, Korbit, and Gopax between January 2025 and June 2026.

Breakdown of Outflows by Exchange The net withdrawal figures represent the total amount of stablecoins sent to overseas exchanges minus deposits received from those platforms, indicating the actual volume of digital assets leaving the country.

Upbit accounted for the largest share, with net outflows of 9.0914 trillion won ($6.6 billion), followed by Bithumb at 2.6502 trillion won ($1.9 billion), Coinone at 2.5662 trillion won ($1.9 billion), Korbit at 604.2 billion won ($437.4 million), and Gopax at 12.5 billion won ($9.1 million).

This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.

Read Full Article at Source

FAQs

You can click the "Read Full Article at Source" button above. It will route you directly to the original publisher's website where the article is hosted in full.

Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

TRADEMINATI X is an automated real-time cryptocurrency news aggregator. It fetches and analyzes RSS feeds, organizing publications by coin hashtags to make tracking specific assets efficient.
Ad Space