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USD Coin Market Faces 560 Billion Won Korea Outflow

Covered by 2 sources · 2 articles

2 outlets - including Coinfomania and Coinotag - are covering this story. South Korean stablecoins have experienced net outflows for over 18 months, as recent data reveals significant transfers to overseas exchanges. The post Stablecoins See 560.3 Billion Won Net Outflows from South Korea appeared first on Coinfo…

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Coinfomania Aug 2, 03:38 UTC

Stablecoins See 560.3 Billion Won Net Outflows from South Korea

South Korean stablecoins have experienced net outflows for over 18 months, as recent data reveals significant transfers to overseas exchanges.

USD Coin Market Faces 560 Billion Won Korea Outflow
CoinOtag Aug 1, 23:42 UTC

USD Coin Market Faces 560 Billion Won Korea Outflow

Crypto News South Korea's dollar stablecoin market recorded a net outflow of 560.3 billion won in June, as withdrawals to overseas platforms exceeded deposits for an 18th straight month, regulatory...