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, […] This post Stablecoin Outflows from South Korean Exchanges Reach $10.8B in 18 Months first appeared on BitcoinWorld.
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, […] This post Stablecoin Outflows from South Korean Exchanges Reach $10.8B in 18 Months first appeared on BitcoinWorld.
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Significant outflows from South Korean exchanges may indicate reduced demand for stablecoins like USDT, impacting overall market liquidity.
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