Dollar stablecoins can weaken local currencies, BOK finds
Bank of Korea researchers found direct fiat-stablecoin trading can transmit crypto demand into FX markets and pressure local currencies.

Bank of Korea researchers found direct fiat-stablecoin trading can transmit crypto demand into FX markets and pressure local currencies.

Bank of Korea researchers found direct fiat-stablecoin trading can transmit crypto demand into FX markets and pressure local currencies.
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Bank of Korea researchers found direct fiat-stablecoin trading can transmit crypto demand into FX markets and pressure local currencies.
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