CoinWorld News reports, citing a jeonpa news report: materials submitted to the National Assembly by a South Korean bank show that, as of the end of February this year, users of South Korea’s top 5 exchanges held cryptocurrency assets worth 60.6 trillion won. This is a steep drop from the 121.8 trillion won peak as of the end of January 2025, with average daily trading volume falling to 4.5 trillion won, and won-denominated deposit balances dropping to 7.8 trillion won. In the same period, stablecoin holdings still totaled 607.1 billion won—more than 6 times higher than 88.5 billion won as of the end of July 2024.

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