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Bank of Korea Study Finds USDC Demand Weakened Brazil's Real by 0.12%

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A Bank of Korea study finds direct fiat buying of USDC and USDT weakened Brazil's real by 0.12%; Korea's $64B stablecoin market remains shielded for now.

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Bank of Korea Study Finds USDC Demand Weakened Brazil's Real by 0.12%
CoinOtag 1h ago

Bank of Korea Study Finds USDC Demand Weakened Brazil's Real by 0.12%

A Bank of Korea study finds direct fiat buying of USDC and USDT weakened Brazil's real by 0.12%; Korea's $64B stablecoin market remains shielded for now.