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Bank of Korea Research Links Tether (USDT) Demand to Local Currency Depreciation

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A Bank of Korea study finds Binance fiat-stablecoin pairs transmit USDT demand into FX markets, tying stablecoin buying to local currency depreciation.

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Bank of Korea Research Links Tether (USDT) Demand to Local Currency Depreciation
CoinOtag 1h ago

Bank of Korea Research Links Tether (USDT) Demand to Local Currency Depreciation

A Bank of Korea study finds Binance fiat-stablecoin pairs transmit USDT demand into FX markets, tying stablecoin buying to local currency depreciation.