Stablecoin Outflows Surge: 50% of South Korea’s Crypto Moves in Q1

South Korea saw a substantial outflow of crypto assets, amounting to nearly 57 trillion won ($40.6 billion) during the first quarter of 2025. This majority, around 47.3%, was attributed to stablecoin transfers between domestic and international platforms. The Financial Supervisory Service revealed this trend through information shared by Democratic Party lawmaker Min Byung-duk, highlighting a growing trend towards capital movement from South Korean exchanges to global trading venues.