韩国银行研究：美元稳定币需求可能会压低本币汇率
PANews 9月6日消息，据 Coindesk 报道，韩国银行的一项研究发现，一旦全球交易所允许投资者直接使用法币购买美元挂钩稳定币，对美元挂钩稳定币的需求可能会压低各国货币汇率。研究报告指出，币安推出法币-稳定币交易对后，本地稳定币溢价下降约 0.33 至 0.38 个百分点。研究发现，这种影响不仅限于加密货币市场。对于币安交易对中的货币，稳定币购买压力增强与本币贬值相关。韩国没有直接的币安韩元-稳定币交易对，因此汇率没有出现明显反应。相反，购买压力主要推高了韩国本地稳定币的溢价。在另一项使用周度数据的测试中，谷歌上比特币搜索量每增加一个标准差，巴西雷亚尔就会贬值 0.118%。
Bank of Korea research: dollar stablecoin demand could depress local currency exchange rates
PANews on Sep 6: CoinDesk reports Bank of Korea research found that once global exchanges let investors buy dollar-pegged stablecoins directly with fiat, demand for them could depress local currency exchange rates. The study notes that after Binance introduced fiat-stablecoin pairs, local stablecoin premiums fell about 0.33 to 0.38 percentage points, and the effect extends beyond crypto markets: for currencies in Binance pairs, stronger stablecoin buying pressure is associated with local currency depreciation. Korea has no direct Binance won-stablecoin pair, so the exchange rate showed no clear reaction; instead, buying pressure mainly lifted the local stablecoin premium. In another test using weekly data, a one-standard-deviation increase in Google searches for Bitcoin was associated with a 0.118% depreciation of the Brazilian real.