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South Korea's domestic stablecoin daily trading volume shrank to 200 billion won, reaching 1 trillion won at the end of last year

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2025-10-10 00:41:36
South Korea's domestic stablecoin trading has been sluggish, and the average daily trading volume has dropped to 200 billion won level in June this year.
According to the information submitted by the Legislative Investigation Department of the National Assembly to the National Power Party Member Park Seung-hoon of the National Assembly Planning and Finance Committee on the 10th, based on June this year, the average daily trading volume of domestic stablecoins in South Korea is 238 billion won. The data is obtained by the Bank of Korea by aggregating the transaction amounts of US dollar stablecoins (USDT, USDC, USDS) in the five major domestic virtual asset exchanges (Upbit, Bithumb, Korbit, Coinone, Gopax).
The average daily trading volume of domestic stablecoins in South Korea has gradually increased from 174.10 billion won in July last year, reaching 304.10 billion won in October, increasing to 638.10 billion won in November, and surging to 1.229 trillion won in December.
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