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Pegged: Trading at par is not enough
Plus, the ECB’s Pontes tokenised settlement system gets the all-clear for launch.
Sep 22
•
Izabella Kaminska
1
Predictably, Saudi Arabia quits mBridge
However, this is not the US geopolitical scandal you are looking for.
Sep 20
•
Izabella Kaminska
4
1
When the dollar’s best defence is a stablecoin airdrop [Updated, again]
We can neither confirm nor deny that an arsenal of Chinooks is at the ready.
Sep 17
•
Izabella Kaminska
5
Pegged: Is it all over for the Clarity Act?
Plus, FPC member Carolyn Wilkins warns that stablecoin network effects won’t be enough to protect the dollar from fundamentals.
Sep 16
•
Izabella Kaminska
2
August 2026
TWO MORE DAYS AND WE WILL BE BACK TO NORMAL
Apologies, apologies...
Aug 31
•
Izabella Kaminska
5
What is Erebor?
Is it a stablecoin bank or a high-tech private-sector war-financing machine?
Aug 20
•
Izabella Kaminska
8
2
The Tether audit
Presented without comment.
Aug 14
•
Izabella Kaminska
3
Normal operations resume Thursday onwards
Had to take a holiday!
Aug 12
•
Izabella Kaminska
1
July 2026
Pegged: What do stablecoin yield wars have to do with pass-through?
Plus, the BIS eyes stablecoin dollarisation effects.
Jul 25
•
Izabella Kaminska
2
Monetary Forces with Noelle Acheson & Izabella Kaminska
A recording from Izabella Kaminska and Noelle Acheson's live video
Jul 21
•
Izabella Kaminska
1
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
1
1
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
1
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