The Daily Peg
A round-up of stablecoin and CBDC news.
Central Banks
RBI Deputy Governor Argues Stablecoins Are Inferior to Fiat Money
How Banks Create Gridlock in Payment Systems to Save Liquidity: The Case of Canada
https://onlinelibrary.wiley.com/doi/10.1111/jmcb.70013?af=R
Deep Thoughts
The Year in Stablecoins 2025: Record Growth After GENIUS Act
https://decrypt.co/352552/year-stablecoins-2025-record-growth-genius-act-floodgates
Repo Industry’s Richard Comotto Comments on the First Repo of a Stablecoin (Solstice's USX) Against Another Stablecoin (USDC)
https://www.linkedin.com/posts/richard-comotto-14a6403_repo-sft-dltrepo-activity-7411709674250588160-6lBi
Statecraft
Coinbase Warns US Stablecoin Restrictions Could Hand China Major Advantage
https://www.theblock.co/post/384032/coinbase-warns-us-restricts-stablecoin-interest?
Asia Builds Stablecoin Counterweight to US Dollar Dominance, With China and Region Leading Push
https://cryptoslate.com/asia-is-quietly-building-a-counterweight-to-the-dollar-stablecoin-empire-and-the-west-isnt-ready/