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Crypto

Stablecoins post 18 months of net outflows abroad, totaling 10.4 billion dollars

Stablecoins have recorded net outflows from South Korea for 18 straight months, with cumulative net outflows totaling $10.4 billion, or about 14 trillion won, an analysis showed. The report attributed the flow to the absence of a won-based stablecoin, saying local investors use dollar stablecoins as a substitute for trading and fund transfers in global digital asset markets. It said liquidity would be sufficient if a won stablecoin is introduced, but institutionalisation remains unresolved.

Fintech

Payments shift to mobile as consumers stop taking out physical cards

Payments made without presenting physical cards rose 10.6 percent in the first half of 2026 from a year earlier, as card spending increasingly shifted to mobile devices, Bank of Korea data showed. Total payment card use averaged 3.78 trillion won a day, up 7.6 percent. Non-card-present payments averaged 1.79 trillion won, outpacing growth in card-present payments. Easy-pay services accounted for 52.6 percent of non-card-present payments, and fintech providers held a 72.0 percent share of card easy-pay use.

Finance

P2P lenders gain momentum as rules ease; financial CEO appointments gather pace

Korea\'s online investment-linked finance industry is accelerating mid-rate lending to mid-to-low credit borrowers and sole proprietors after regulatory improvements. The Financial Services Commission plans to raise self-funding investment limits and financial-company linked investment caps, and expand limits for general investors. Major financial institutions are also stepping up CEO selection processes, while regulators tighten oversight of bank asset quality, governance and internal controls. Payment and digital-asset businesses widen partnerships and services.