In June 2026, South Korea experienced a significant outflow of stablecoins, with approximately $367 million (560.3 billion won) leaving the country's five major cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax. This represents the 18th month in a row that outflows have been recorded.
The Financial Supervisory Service reported that while 2.7 trillion won worth of stablecoins were sent abroad, only 2.2 trillion won were brought back. Industry experts suggest that this trend is driven by local investors seeking access to products that are not offered within South Korea, such as foreign derivatives, real-world assets (RWA), decentralized finance (DeFi) options, and staking opportunities.
