Stablecoin Dominance: Nearly 50% of Cryptocurrency Outflows from South Korea

In the first quarter of 2025, South Korean investors showed a dramatic shift in how they move their crypto assets abroad, with stablecoins dominating outflows. According to recent data from the Korean Financial Services Service (FSS), these dollar-pegged digital currencies accounted for nearly half – 47.3% – of the country’s $40.6 billion worth of crypto outflows during that period. This surge in stablecoin use is driven by expanding DeFi applications and growing institutional investment, allowing investors to move their funds more easily across borders.