The Daily Peg
A round-up of stablecoin and CBDC news.
Industry News
Barclays Takes Stake in Stablecoin Settlement Network Ubyx
https://www.reuters.com/legal/transactional/barclays-buys-into-stablecoin-settlement-company-ubyx-2026-01-07?
Sei Network Warns USD Coin (USDCN) Holders to Swap to Native Stablecoin
https://www.theblock.co/post/384715/sei-warns-usdcn-token-holders-swap-native-stableoin?
Rumble Launches Bitcoin and Tether Wallet for Creator Tips
https://decrypt.co/353852/youtube-rival-rumble-debuts-bitcoin-tether-wallet-crypto-creator-tips
Jupiter Introduces JUPUSD Stablecoin Backed by BlackRock and Ethena Assets
https://www.theblock.co/post/384366/jupiter-rolls-out-native-jupusd-stablecoin-backed-90-by-blackrock-and-ethenas-usdtb?
Tether Invests in SQRL to Expand Stablecoin Infrastructure
https://finance.yahoo.com/news/tether-invests-sqril-expand-stablecoin-145639898.html
Analysis
State of Euro-Denominated Stablecoins in 2025: Market Structure and Risks
https://www.roinevirta.com/posts/soes25
Tether’s Aggressive Allocation Strategy is Transforming the Stablecoin From a Passive Dollar Proxy into a Massive, Risk-On Hedge Fund.
https://cryptoslate.com/tether-just-bought-8888-bitcoin-exposing-a-mechanical-profit-engine-turning-t-bills-into-automatic-crypto-demand/
Gold
Tether Eyes Gold-Backed Stablecoin Expansion
https://finance.yahoo.com/news/stablecoin-titan-tether-wants-gold-222742132.html
Regulation
Trump-Backed World Liberty Financial Seeks U.S. Banking Charter
https://www.politico.com/news/2026/01/07/world-liberty-financial-banking-charter-00715408
World Liberty Financial Pushes to Bring USD1 Stablecoin Fully Onshore
https://www.theblock.co/post/384708/trump-backed-world-liberty-financial-seeks-us-bank-charter-to-bring-usd1-stablecoin-fully-onshore?
Crypto Lobby Ramps Up Push for Stablecoin Rewards as U.S. Bill Nears Vote
https://decrypt.co/353878/crypto-advocates-renew-stablecoin-rewards-push-market-structure-bill-nears-vote
U.S. Bankers Warn That Yield-Bearing Stablecoins Could Threaten Deposits
https://finance.yahoo.com/news/us-bankers-warn-stablecoin-yield-102139457.html
Regional
Wyoming’s Frontier Stablecoin Launches With Yield Offering
https://decrypt.co/353910/wyoming-frontier-stablecoin-debuts-offer-yield
Wyoming’s FRNT Stable Token Reportedly Issued on Solana
https://www.theblock.co/post/384684/wyoming-frnt-stable-token-issued-state-solana?
RAKBANK Wins Approval to Launch UAE Dirham-Backed Stablecoin
https://www.zawya.com/en/press-release/companies-news/rakbank-receives-in-principle-approval-to-launch-an-aed-backed-stablecoin-hs531zi2
Coinbase is Severing its Direct Fiat Ties to Argentina.
https://finance.yahoo.com/news/coinbase-blocks-usdc-stablecoin-services-130842524.html
Deep thoughts
Big Banks Must Outcompete Public Blockchains in the Stablecoin Race says Annabelle Huang, Co-Founder and Chief Executive Officer of Altius Lab
https://www.newsweek.com/big-banks-need-to-beat-public-blockchains-at-stablecoin-game-11323289