Good question...I assumed it does contribute to keeping your water soft. But I do have 3 tanks that have wood in them and the ph is always high....no matter how much I try to bring it down, within days it shoots straight back up again. I'm putting it down to the type of gravel I have in my tanks. Most of my tanks have a sand substrate but these other 3 have quarts and rocks in them......so it may be that, thats keeping the ph up so high. It would be interesting to know what other people on the forum may have to say about this.
Do I read correctly that you have other tanks, where the pH is lower? If so, then it sounds like the rocks that are the problem. I would suggest, though, that you don't try to alter the pH (I'm assuming your using a chemical additive for this). Wild pH swings are much more detrimental to your fish than living in a stable high pH which isn't their natural lower pH. So long as you acclimatise the fish fully, they will be fine.