South Korean stablecoin outflows hit 18 months

South Korea’s five major won-based crypto exchanges recorded 560.3 billion won, about $367 million, in net stablecoin outflows to overseas platforms in June 2026. Summary 18 consecutive months of stablecoin outflows ended June with 560.3 billion won leaving South Korea. June transfers sent 2.7625 trillion won overseas and returned 2.2022 trillion won to Korean exchanges. Reported uses include overseas derivatives, RWA products, DeFi and staking services unavailable on Korean exchanges. The figure extended the country’s uninterrupted outflow run to 18 months.The figures came from Financial Supervisory Service data submitted to People Power Party lawmaker Lee Jong-wook and reported by Yonhap News on Aug. 2. Upbit, Bithumb, Coinone, Korbit and Gopax sent 2.7625 trillion won in stablecoins abroad during June. They received 2.2022 trillion won from overseas exchanges. South Korean stablecoin outflows reach 560.3 billion won The latest monthly total continued an uninterrupted net-outflow streak that began in January 2025, when the available data series started. Every month since then, stablecoin withdrawals to foreign exchanges have exceeded deposits returning to the five Korean platform...