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  3. Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds

CoinDesk

Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds

Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions.

Continue with the complete report on the publisher’s website.

Read full article at CoinDesk
C

By CoinDesk

5 September 2026|1 min read
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Blockchain & Crypto Assets
Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds
Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds
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Industry Events

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Industry Events

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