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      Dollar Stablecoins Can Turn Crypto Demand Into Currency Weakness, Bank of Korea Finds

      The Bank of Korea said on 3 September 2026 that dollar-backed stablecoin demand can weaken local currencies where global exchanges let investors buy tokens with fiat money. Its study found local stablecoin premiums fell 0.33 to 0.38 percentage points after Binance added the trading pairs.

      Source: Coinpaprika
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud