NH Investment & Securities suggests stablecoins, particularly those pegged to real assets like the dollar, could play a surprising role in mitigating inflation. Their analysis, reported by Yonhap News, highlights that stablecoins might limit money supply expansion. Researcher Kim Yong notes that stablecoins could accelerate the velocity of money. Conversely, if stablecoins displace traditional bank deposits, the money multiplier effect could diminish, thereby reducing the overall money supply. The ultimate impact remains uncertain. However, NH Investment suggests the volatility of nominal GDP might decrease, indicating a potential stabilizing effect on the economy. While the long-term implications are still under investigation, this perspective offers a fresh viewpoint on the potential benefits of stablecoins beyond their role as trading facilitators. ```