Senior Citizens Drive South Korea’s Crypto Investments Surge
With the growing adoption of the crypto space, latest reports now suggest that South Korea’s cryptocurrency trading volume has been on a rise, with senior citizens taking advantage of the growing crypto investment trend.
According to Korean media reports, the monthly trading volume of stablecoins on South Korea’s top five centralized exchanges i.e., Upbit, Bithumb, Coinone, Korbit, and GOPAX, have reached approximately 16.17 trillion Won ($11.5 billion) in November 2024. The current figures represent a sevenfold increase from the 2 trillion Won recorded at the beginning of the year and mark the first time monthly stablecoin trading has surpassed 10 trillion Won. The volume includes transactions in popular stablecoins like…
