EconomyDollar-backed stablecoins can weaken local currencies, Bank of Korea study finds
A Bank of Korea study finds that buying pressure in currencies paired with Binance is correlated with depreciation in local currencies, as market makers adjust their positions.
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CoinDesk★★☆☆☆2026-09-05 16:43Original
Dollar-backed stablecoins can weaken local currencies, Bank of Korea study finds
Economy