CoinDesk

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 findsWorldPing

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

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

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Brief by WorldPing · Original reporting by Phys.org