South Korean FSC: Does not believe that dollar-denominated stablecoins will lead to unilateral capital outflows
2025-04-17 02:43:44
On April 17, according to Digital Asset, South Korea's Financial Services Commission (FSC) said that it does not believe that dollar-denominated stablecoins will lead to unilateral capital outflows. According to FSC data, from November 2024 to February 2025, the total amount of dollar stablecoins flowing into South Korea reached 35.30 trillion won (about 24.80 billion US dollars), while the amount flowing out of the country also reached the same amount. This is the first time the FSC has disclosed cross-border stablecoin flow data.
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