According to recent data from Kaiko Research, South Korea's won (KRW) is now the second most utilized fiat currency in cryptocurrency trading, following the U.S. dollar.
Since the start of 2025, trades denominated in KRW have reached an impressive $663 billion, highlighting the significant role South Korea plays in the global crypto market.
This trend underscores South Korea's growing influence in the cryptocurrency sector, second only to the volume generated by the U.S. dollar.
