South Korea Sees Record Stablecoin Outflows Reaching $10B

South Korea's crypto exchanges have seen significant stablecoin outflows over the past 18 months, reaching $10.4 billion in net outflows from January 2025 to June 2026.

This figure rivals the country's total overseas stock investment during the same period, according to data from the Financial Supervisory Service, South Korea's top financial regulator.

The stablecoin outflows are largely driven by Korean retail investors seeking access to higher leverage and financial products not available on domestic exchanges. By converting won to dollar-pegged stablecoins like USDT or USDC, they can move their assets offshore and access a wider range of riskier investments.

In June 2026 alone, the outflow hit ₩560.3 billion, accounting for roughly $390 million in a single month. This figure represented 77.6% of the net overseas stock purchases made by domestic investors during the same period.