Evidence record
Bank of Korea study: USD stablecoin demand could start moving the won as Korea's digital asset market opens up
Read the item · published 2026-09-03
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- 2026-10-31 20:45 UTC
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084f3bd731e86acc521c8d45a5eb98905e3d0f95e7efb1d3ef73a6d406e57aec· fetched 2026-10-30 - Source type
- Primary Bank of Korea ↗
… associated with depreciation of the paired currencies. By contrast, in Korea, where no such Binance trading pair is available, net buying pressure is primarily reflected in higher stablecoin premia and has no significant effect on the exchange rate. These findings suggest that linkages between USD stablecoin and FX markets could strengthen as Korea's digital asset market structure evolves, particularly with greater participation by corporations and foreign investors. Accordingly, digital asset regulation should be considered together with efforts to promote the internationalization of the Korean won and deepen FX market liquidity to strengthen the market's capacity to absorb shocks. List 인쇄 내가 본 콘텐츠 내가 본 콘텐츠 pre …
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- 2026-10-30 Published
Verified quotes
“These findings suggest that linkages between USD stablecoin and FX markets could strengthen as Korea's digital asset market structure evolves, particularly with greater participation by corporations and foreign investors.”
“By contrast, in Korea, where no such Binance trading pair is available, net buying pressure is primarily reflected in higher stablecoin premia and has no significant effect on the exchange rate.”
“Accordingly, digital asset regulation should be considered together with efforts to promote the internationalization of the Korean won and deepen FX market liquidity to strengthen the market's capacity to absorb shocks.”
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