As of the end of November 2024, the total assets of users of South Korea's five major cryptocurrencies CEX (Upbit, Bithumb, Coinone, Korbit, GoPax) exceeded 115.70 trillion won (about $86.50 billion) for the first time, increasing by about 50 trillion won month-on-month, setting a record high. The monthly trading volume of stablecoins reached 16 trillion won in November, an increase of more than 6 times from the beginning of the year, indicating the trend of a large number of funds being transferred to overseas markets. South Korea's financial regulator has stepped up supervision of abnormal transactions and issued a warning for tokens with large spreads between exchanges.