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BSCN
@BSCNews
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Joined November 2020
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South Korea is losing stablecoins to overseas exchanges! In June 2026, some 2.7625 trillion won worth of stablecoin was sent from South Korea's top 5 CEXs to overseas exchanges. After inflows, this accounted for a net loss of some $367M worth of stables. These outflows have been consistent for a staggering 18-straight months per Wu Blockchain. Is South Korea's strict crypto regulation pushing activity to overseas platforms...?
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