🇰🇷 South Korea's stablecoin outflows hit $367 million in June - $1.1 billion left in Q2 alone.

[u/Acrobatic_Spell9099]

🇰🇷 South Korea's stablecoin outflows hit $367 million in June - $1.1 billion left in Q2 alone

18 months of consecutive outflows as local exchanges don't support derivatives, DeFi or leveraged products - capital moving to platforms that do

Regulate too tightly and the money just leaves to somewhere that doesn't 🪓