South Korean FSC: USD Stablecoin Does Not Cause Massive Capital Exit

TinTucBitcoinOfficial · 2025-04-17T03:24:38+00:00

The Financial Services Commission (FSC) of South Korea stated that USD-backed stablecoins do not lead to one-sided capital flows, based on Digital Asset data. From November 2024 to February 2025, USD stablecoins inflow and outflow to South Korea were significant. This transparency enhances trust in the cryptocurrency ecosystem regionally.

TinTucBitcoinOfficial

2025-04-17 03:24:38

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South Korea’s (FSC) Financial Services Commission affirmed that stablecoins denominated in U.S. dollars do not lead to unipolar capital outflows, according to Digital Asset data released April 17. According to FSC data, from November 2024 to February 2025, total U.S. dollar stablecoin inflows into South Korea reached 35.3 trillion won, or about $24.8 billion. At the same time, outflows reached the same level. This is the first time the FSC has released data on cross-border stablecoin flows.

This information is intended to provide market information and does not constitute investment advice. However, transparency of stablecoin flow data could help boost confidence in the crypto ecosystem in the region.

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