Tag: Currencies

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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.

JPMorgan’s Kinexys Blockchain Hits $4 Trillion, Adds Five APAC Currencies

J.P. Morgan's Kinexys blockchain payments platform has processed more than $4 trillion in transactions since launch and expanded to eight currencies, adding the Australian...

Report: RBI Proposes Linking BRICS Central Bank Digital Currencies for Payments

India’s central bank proposes linking BRICS central bank digital currencies to ease cross‑border payments. The Reserve Bank of India reportedly recommended that a proposal...