The assets of the five major cryptocurrency exchanges in South Korea have surpassed 1 trillion won for the first time, increasing by approximately 50 trillion won within a month

ChainCatcher news, according to the Daily Economic News, the total user assets held by South Korea's five major virtual asset exchanges (Upbit, Bithumb, Coinone, Korbit, GoPax) surpassed 115 trillion won (approximately 86.5 billion USD) for the first time by the end of November, setting a new historical record. Compared to 65 trillion won at the end of October, assets increased by about 50 trillion won in just one month.

The trading volume of stablecoins also saw a significant rise, with the monthly trading volume of stablecoins at the five major exchanges in Korea reaching 16 trillion won in November.