LATEST
Canes WR Toney puts on show in record opener✦Ketan Agarwal Murder: Police Arrest Friend Of Accused Chetan Choudhary For Plotting Killing✦I stopped trusting UPnP on my home network, and half my "just works" devices told on themselves✦ 5 biggest iPhone 18 rumors rated — what to really expect at next week's Apple event ✦Clucky’s new alarm app wakes you up with a crowing rooster✦
Sat, Sep 5, 2026
Loading weather...
Markets

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

Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions....

By Dhallo News · September 5, 2026 at 10:13 PM IST
Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds
Source: CoinDesk

Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions.

SOURCE: CoinDesk
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
Have feedback on this article?Report error or suggestion

Read More from Markets

These 2 Dividend Giants Yield Around 5%—But That’s Where the Similarities End

Breaking News......

Read Article »

Uber just walked away from Africa's biggest market

Breaking News......

Read Article »

Fed Chair Kevin Warsh Just Shifted the Central Bank's Entire Focus on Inflation in One Sentence

Key PointsFed Chair Kevin Warsh has vowed to lead a reform-oriented central bank...

Read Article »
Return to Front Page

5 minutes. The news that matters.

Get the most important stories of the day, without having to browse hundreds of articles.