Korea Crypto News: 18-Month Stablecoin Outflow Streak Continues

South Korea's top five exchanges posted a net stablecoin outflow of $367M in June, extending an 18-month streak. The Financial Supervisory Service (FSS) data shows that these exchanges sent 2.76 trillion won in stablecoins to overseas venues and received 2.20 trillion won back, resulting in a net outflow of 560.3 billion won.

This trend is not just about capital flight; it's a structural issue with the domestic regulatory perimeter making competing products inaccessible at home. The Specific Financial Information Act enforces anti-money laundering measures and restricts access to high-leverage derivatives, DeFi pools, liquid staking, and RWA protocols on Korean-licensed platforms.

The data indicates that investors are routing stablecoins offshore not because of market panic but due to the lack of available products at home. Offshore exchanges like Binance and Bybit are attracting investors with contracts tied to major Korean equities, further pulling retail capital away from domestic options.