South Korean Crypto Liquidity Plunges as Stablecoin Balances Drop 55% Amid Stock Surge
Stablecoin holdings on South Korea’s five largest crypto exchanges have fallen sharply, dropping roughly 55 percent since July 2025, as investors redeploy capital into domestic equities. On-chain data from Allium Labs shows combined stablecoin balances on Upbit, Bithumb, Coinone, Korbit, and GOPAX fell from $575 million to about $188 million by mid-March. The latest wave […]
