South Korea's Top Five Crypto Exchange Stablecoin Balances Down About 55% Since July Last Year

Gate News Report, March 23: Data from Allium Labs shows that since July 2025, the stablecoin balances on South Korea's top five cryptocurrency exchanges have decreased from approximately $575 million to about $188 million, a decline of around 55%. As the Korean won to US dollar exchange rate fell below 1,500 in mid-March, the outflow of funds accelerated further.
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