South Korean Stablecoin Outflows Hit 560.3 Billion KRW in June, Marking 18th Consecutive Month
June stablecoin net outflow reached 560.3B KRW, covering 77.6% of overseas stock purchases. This marks the 18th straight month of capital flight toward offshore derivatives and DeFi.
Woofun AI data shows that South Korea’s top five cryptocurrency exchanges recorded a net stablecoin outflow of 560.3 billion KRW in June 2026, driven by 2.7625 trillion KRW in transfers abroad against 2.2022 trillion KRW received. This outflow accounted for 77.6% of the 722.0 billion KRW net purchase of overseas stocks during the same period.
Stablecoins have experienced continuous net outflows for 18 consecutive months, from January 2025 to June 2026. The second quarter alone saw 1.6872 trillion KRW exit via stablecoins, while overseas stocks faced a 1.6185 trillion KRW net sell-off. Funds are primarily utilized for offshore derivative trading, including leveraged products on Samsung Electronics, SK Hynix, and Hyundai Motor, as well as RWA and DeFi services. Congressman Lee Jong-uk urged the government to strengthen investor protection systems amid rising exposure to high-risk offshore instruments.
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