Gate.io News bot, according to Digital Asset, South Korea’s Financial Services Commission (FSC) released the latest cross-border stablecoin flow data. According to the data, between November 2024 and February 2025, the total amount of dollar stablecoins flowing into South Korea was 35.3 trillion won (about 24.8 billion U.S. dollars), and the amount of outflows abroad was also 35.3 trillion won.
In its first data on cross-border stablecoin flows, the FSC pointed out that dollar-denominated stablecoins did not cause unilateral capital outflows.
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South Korea's FSC disclosed cross-border stablecoin flow data for the first time: the amount of entry and exit was flat
Gate.io News bot, according to Digital Asset, South Korea’s Financial Services Commission (FSC) released the latest cross-border stablecoin flow data. According to the data, between November 2024 and February 2025, the total amount of dollar stablecoins flowing into South Korea was 35.3 trillion won (about 24.8 billion U.S. dollars), and the amount of outflows abroad was also 35.3 trillion won.
In its first data on cross-border stablecoin flows, the FSC pointed out that dollar-denominated stablecoins did not cause unilateral capital outflows.