Key Takeaways
- Bank of Korea data shows domestic virtual asset holdings fell over 50% to $41.17 billion by February 2026.
- Investors shifted capital to booming stock markets as bitcoin trading volumes crashed by 70% in early 2026.
- High exchange rates will likely drive further demand for dollar-pegged Stablecoins through late 2026.
Massive Capital Migration to Stocks
The value of virtual assets held by domestic investors in South Korea has plummeted by more than $41 billion (60 trillion won) over the last year, as a cooling crypto market prompted a mass migration of capital toward traditional equities. According to Bank of Korea data reportedly submitted May 10 to Rep. Cha Kyu-keun of the Rebuilding Korea Party, the total valuation of…
