The Peg

The Peg

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Pegged: What do stablecoin yield wars have to do with pass-through?
Plus, the BIS eyes stablecoin dollarisation effects.
Jul 25 • Izabella Kaminska
Monetary Forces with Noelle Acheson & Izabella Kaminska
A recording from Izabella Kaminska and Noelle Acheson's live video
Jul 21 • Izabella Kaminska
Pegged: PayPal finally gets an M&A suitor
The bigger question is why it has taken so long for a rival to target the OG digital payments firm. Its shares have been languishing since at least…
Jul 20 • Izabella Kaminska
Introducing USDM1, a sovereign-backed stablecoin built like a tokenized Brady bond
USDM1 aims to bring stability, transparency, and practical utility to the Marshall Islands and beyond.
Jul 20 • Izabella Kaminska
The 10 stablecoin commandments
A U.S.-UK joint statement on stablecoins.
Jul 14 • Izabella Kaminska
Pegged: Even more US-UK alignment
As Rachel Reeves prepares for what could be her final Mansion House speech, a far more significant story is unfolding beneath the headline.
Jul 14 • Izabella Kaminska
Monetary Forces with Noelle Acheson and Izabella Kaminska
A recording from Izabella Kaminska and Noelle Acheson's live video
Jul 14 • Izabella Kaminska and Noelle Acheson
48:53
Pegged: The stablecoin boom is abating
All that fanfare, but the total value of stablecoins in circulation is falling.
Jul 13 • Izabella Kaminska
Monetary Forces Podcast
In this week's podcast Noelle Acheson and I talk Open USD, Robinhood blockchain, Cari Network and Hyun Song Shin's latest Unified Ledger paper.
Jul 7 • Izabella Kaminska
Pegged: A British-US alignment?
Britain's stablecoin framework suggests a quiet but significant shift away from the EU and towards the US.
Jul 7 • Izabella Kaminska
Pegged: Everyone wants to stabilize the world
They just can't agree on how or on what the revenue split should be.
Jul 3 • Izabella Kaminska
BoE to offer unique liquidity backstop for systemic GBP stablecoins
The policy, aimed at maintaining gilt-market stability, positions the UK on a very different path to the EU.
Jul 1 • Izabella Kaminska
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