Stablecoin Trading Boom: South Korea’s Crypto Market Reaches $41.2B

South Korea has witnessed a surge in stablecoin trading activity, highlighting the country’s growing prominence in the global cryptocurrency market. Recent data from the Bank of Korea reveals that Q1 2025 saw a staggering $41.2 billion in transactions across five major cryptocurrency exchanges – a dramatic jump compared to previous periods. This active use of stablecoins underscores their vital role as a key component of South Korean trading operations.