South Korea's stablecoin net outflow reached $367 million in June, approaching net purchases of overseas stocks

Odaily News: Domestic stablecoin funds in South Korea continue to flow to overseas exchanges. Data from the Financial Supervisory Service shows that in June 2026, the volume of stablecoins transferred from South Korea's top five crypto exchanges to overseas exchanges reached 2.7625 trillion KRW, while inflows amounted to 2.2022 trillion KRW, resulting in a net outflow of approximately 560.3 billion KRW (around $367 million).

Data indicates that from January 2025 to June 2026, net outflows of stablecoins to overseas exchanges have exceeded inflows for 18 consecutive months. In the second quarter of this year, South Korea's net stablecoin outflow reached 1.6872 trillion KRW, while during the same period, net selling of overseas stock investments totaled 1.6185 trillion KRW. Analysts believe that stablecoins flowing overseas are primarily used for cryptocurrency derivatives unavailable on domestic exchanges, spot and futures products related to Korean stocks, as well as services such as RWA and DeFi.

A South Korean lawmaker stated that capital outflows and high-leverage trading overseas have increased risks for investors, and the government needs to strengthen related regulations and protective measures. (Yonhap)