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South Korea is seeing significant and stable outflows of stablecoins to exchanges abroad, with $367M leaving the country in June.
This represents 18 consecutive months of net outflows, according to FSS data, indicating a notable trend in the country’s crypto market 🚨. This series suggests that investors are increasingly seeking opportunities abroad. The outflows could impact liquidity and prices in the local market.
Stay tuned for updates ⚡.
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