The Daily Peg
There's a loophole in China's yuan-denominated stablecoin ban.
Industry news
Tether Invests in LayerZero Labs to Expand Interoperability Infrastructure for USDT Stablecoin Transfers
https://www.theblock.co/post/389222/tether-makes-strategic-investment-into-layerzero-labs-creator-of-tech-used-for-usdt0?
CZ Pushes Back on Centralization Concerns Amid Ongoing Debate Over Exchanges, Custody, and Stablecoin Market Structure
https://finance.yahoo.com/news/cz-dismisses-centralization-fears-amid-115440224.html
Stripe Integrates USDC Payments for Autonomous Agents, Expanding Real-World Stablecoin Payment Use Cases
https://www.theblock.co/post/389352/stripe-adds-x402-integration-usdc-agent-payments
