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How Batch Code 0080-013 Assesses Currency Substitution Not by Holdings but by Transaction Velocity

How Batch Code 0080-013 Assesses Currency Substitution Not by Holdings but by Transaction Velocity

批次0080-013如何通过交易速度而非持有量来评估货币替代

  1. Batch code 0080-013 measures how quickly foreign currency circulates in local markets—not how much people hold.
  2. It calculates velocity using anonymized point-of-sale logs that record currency type per transaction.
  3. This approach avoids survey bias and captures actual usage, not stated preference or hoarding behavior.
  4. High-velocity USD use in grocery markets signals weak domestic currency credibility more than black-market exchange rates.
  5. The code excludes tourism zones and border trade to focus on domestic retail transaction ecosystems.
  6. It also tracks whether foreign currency payments trigger immediate local-currency conversion by vendors.
  7. Regions scoring above threshold 0080-013 show stronger correlation between import growth and domestic credit contraction.
  8. Central banks use this data to calibrate reserve requirements for foreign-currency-denominated deposits.
  9. Importantly, the metric treats stablecoin transactions as functionally equivalent to fiat foreign currency.
  10. Its definition assumes that velocity reflects habitual reliance—not temporary crisis response.
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