
A Won-Stablecoin Pair on Binance Would Move the Exchange
RegulationA Bank of Korea study finds that when Binance opens a direct trading pair between a local currency and a dollar-pegged stablecoin, the local premium narrows 0.33 to 0.38 percentage points and the currency can weaken — Brazil's real depreciated 0.12% through this channel. The won has avoided this only because Binance lacks a direct won-stablecoin pair yet.


















