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...?