Data: In 2025, the volume of Korean won encryption transactions reached $663 billion, second only to the US dollar.

PANews reported on June 18 that according to Kaiko data, as of 2025, the crypto assets trading volume in Korean won (KRW) reached $663 billion, making it the second largest crypto market in the world after the US dollar ($832 billion). About one-third of South Korean adults hold crypto assets, which is double that of the United States, indicating its growing influence in politics and economics. However, issues such as market fragmentation, low stablecoin adoption, and the "Kimchi Premium" still limit institutional participation and product innovation.

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