PANews reported on April 17 that according to Digital Asset, the Financial Services Commission (FSC) of South Korea said that it does not believe that stablecoins denominated in US dollars will lead to unilateral capital outflows. According to FSC data, from November 2024 to February 2025, the total amount of US dollar stablecoins flowing into South Korea reached 35.3 trillion won (about 24.8 billion US dollars), and the amount flowing out of foreign countries reached the same amount. This is the first time that the FSC has disclosed cross-border stablecoin flow data.
South Korea’s FSC: Do not believe that dollar-denominated stablecoins will lead to unilateral capital outflows
- 2025-05-11
Opinion: DeFi can unlock the profit potential of real-world assets such as gold
- 2025-05-11
1confirmation founder: Ethereum is now the one that realizes Satoshi Nakamoto’s vision
- 2025-05-11
1confirmation founder: ETH is a credible and neutral means of value storage, and its scarcity will gradually increase
- 2025-05-11
CryptoQuant CEO: “Dark” stablecoins may appear in the future
- 2025-05-11
Coinbase CEO: Plans to become a leading financial services application in the next decade
- 2025-05-11
USDT0 is now integrated into Hyperliquid