Stablecoins See 560.3 Billion Won Net Outflows from South Korea

South Korean stablecoins have recorded net outflows for 18 consecutive months, as reported by @WuBlockchain. In June 2026 alone, five major won-based crypto exchanges transferred 2.7625 trillion won ($367 million) to overseas platforms while only receiving 2.2022 trillion won. This trend reflects growing demand for crypto derivatives and services unavailable domestically, indicating a shifting market landscape.

Breaking It Down

The ongoing outflows of stablecoins from South Korea reflect a significant trend in the crypto landscape. According to data from Yonhap News Agency, the net outflows amount to 560.3 billion won as of June 2026. This prolonged trend, now extending over 18 months, has been attributed to various factors including political uncertainty and a strong demand for decentralized finance (DeFi) products and real-world asset (RWA) offerings. As the broader crypto market continues to show mixed signals, the implications of these outflows could influence both local and international market dynamics.

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