Rising stablecoin outflows raise investor protection, FX concerns - The Korea Times

South Korea stablecoin outflows hit $10.4B, rivaling the country's overseas stock investments

$10.4B stablecoin outflows from Korea's five exchanges (18m) as retail investors move capital offshore for leverage and derivatives restricted domestically. Active users fell 45%, assets down 54.7%; Seoul considers won-pegged stablecoins as retention lever to stop capital flight to offshore platforms.