According to Foresight News, as of the end of November 2024, the total user assets of South Korea's five major crypto trading platforms exceeded 115.7 trillion won for the first time, an increase of about 50 trillion won from the previous month, setting a record high.
In November, the monthly transaction volume of stablecoins reached 16 trillion won, an increase of more than 6 times from the beginning of the year, showing a trend of funds shifting to overseas markets. South Korea's financial regulators have strengthened supervision of abnormal transactions and issued warnings for tokens with large price spreads between trading platforms.