South Korean stablecoin outflows exceed $367M in June as 18-month capital flight deepens - Crypto Briefing
South Korean stablecoin outflows exceed $367M in June as 18-month capital flight deepens - Crypto Briefing
Source: Crypto Briefing
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DW NOTE
South Korea has leaked $367 million in stablecoins in June alone — eighteen months into a capital flight that its regulators still pretend is a compliance problem. Citizens are pricing the won in dollar terms and settling offshore. No capital control has ever worked when the public stops trusting the printing press.