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

More coverage: all crypto & markets news on WorldPing.

Related news