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

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

10 Articles

crypto.news

Center

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.

10 hours ago

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Coin Desk

+2 Reposted by 2 other sources

Center

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

1 day ago·New York, United States

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The Cryptonomist

Stablecoin Binance Impact on Global Exchange Rates

A reduction of about 0.33 percentage points in the prizes on local stablecoins, a leap of almost a point in Korea where that channel simply does not exist: these are the numbers at the center of a new study by Bank of Korea, published on 3 September 2026, which measures for the first time accurately the impact of [...]

5 hours ago

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blockchainreporter

Bank Of Korea Stablecoin-FX Linkages Study

A Bank of Korea issue note finds that stablecoin pairs on Binance let demand for dollar-pegged tokens move the exchange rates of paired currencies.

6 hours ago

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coinspress.com

Stablecoin Demand Can Weaken Local Currencies, BOK Study Finds

Summary: Direct fiat-to-stablecoin markets strengthen the connection between crypto demand and FX rates. Binance listings reduced local stablecoin premiums by […]

9 hours ago

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