Academic research has again confirmed that cryptocurrencies, including XRP, rise and fall with traditional financial markets during crises. The study found crypto remains within the influence of the traditional financial system, with the tendency strengthening as global uncertainty increases. Using daily data from January 2018 to March 2026 across 70 financial time series, it concluded stocks, sovereign bond yields and credit default swaps lead market direction, while crypto largely reacts to external shocks.

South Korea’s Financial Services Commission is moving to revamp rules to expand lending to mid-credit borrowers as the economic slowdown increases pressure on vulnerable borrowers. It plans to adjust supply criteria for the policy-backed Saitdol loan, cut insurance rates and expand supply. Support for low-credit borrowers will be strengthened separately through policy microfinance, including a rate cut for Haetsal loans. The FSC also plans to lower rate benchmarks for private mid-interest loans by up to 1.25 percentage points.