PANews reported on October 10th that according to South Korean media, the average daily trading volume of US dollar stablecoins (USDT, USDC, and USDS) on South Korea's five major exchanges (Upbit, Bithumb, Korbit, Coinone, and Gopax) fell to 238 billion won in June, a significant decline from the peak of 1.229 trillion won in December 2024. The Bank of Korea stated that the weakening crypto market has slowed the growth of stablecoins. During the same period, the average daily total trading volume of domestic crypto assets fell from 17.1 trillion won to 3.2 trillion won, and the holdings fell from 121.8 trillion won to 89.2 trillion won. The IMF estimates regional trading volumes as $445 billion in North America, $426 billion in Asia-Pacific, $334 billion in Europe, $20 billion in Africa and China, and $156 billion in Latin America and the Caribbean.