South Korea’s US dollar stablecoin trading volume declined to 238 billion won in June

The average daily trading volume of US dollar stablecoins (USDT, USDC) in South Korea experienced a notable decline, falling to 238 billion won in June from a peak of 1.229 trillion won in December 2024.

The total daily trading volume of domestic crypto assets decreased sharply from 17.1 trillion won to 3.2 trillion won, while holdings fell from 121.8 trillion won to 89.2 trillion won due to adverse conditions in the crypto market.

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