Odaily Planet Daily News: Against the backdrop of tightening domestic regulations, delayed reforms, and the booming global cryptocurrency market, South Korean cryptocurrency investors are transferring their assets overseas. Data from CryptoQuant shows that in November 2024, the monthly total trading volume of stablecoins from South Korea's top five CEXs (Upbit, Bithumb, Coinone, Korbit, and GOPAX) was approximately 16.17 trillion won (11.5 billion USD). This figure includes the total buying and selling of stablecoins such as USDT and USDC, which is a sevenfold increase from about 2 trillion won at the beginning of the year. This is also the first time that the monthly stablecoin trading volume in South Korea has exceeded 10 trillion won. In recent months, stablecoin trading volume has surged, doubling from 5.45 trillion won in September 2024 to 9.56 trillion won a month later. As of Monday, the 24-hour trading volume of the domestic virtual asset market in South Korea was 23 trillion won, accounting for 9.05% of the global total of 262 trillion won. (Pulse)