The Daily Peg

A round-up of stablecoin and CBDC news.

Photo by Glen Carrie on Unsplash

Industry news

X launches peer-to-peer payments.

Mario Nawfal@MarioNawfal

X PAYMENTS GOES LIVE: FINANCE, UNCHAINED Elon just dropped X payments, and it’s ready to start moving markets. * P2P payments launched Dec 18, live across the U.S. in beta * Zero-fee instant transfers via wallet: bank, card, crypto (coming Q1) * Over 1M sign-ups in 72 hrs,

Elon Musk @elonmusk

@Grummz Hmm, we need to get 𝕏 payments going soon

9:30 PM · Dec 23, 2025 · 512K Views

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313 Replies · 813 Reposts · 4.2K Likes

Intuit CFO: Stablecoins are the new ‘digital dollar’ rail
https://finance.yahoo.com/news/intuit-cfo-stablecoins-digital-dollar-125837268.html

PayPal CEO Alex Chriss says stablecoins will be key as his company navigates the ‘classic innovator’s dilemma’

https://finance.yahoo.com/news/paypal-ceo-alex-chriss-says-154420861.html?

Statecraft

Venezuela settles oil sales in USDT amid dollar shortages.
https://phemex.com/news/article/venezuelas-oil-sales-predominantly-settled-in-usdt-amid-dollar-shortage-47518

Curious

Structural similarities between FTX, Tether, and BCCI.
https://revolver.news/2022/11/sam-bankman-fried-ftx-on-steroids-is-cryptocurrency-tether-joe-biden-crypto-bcci

Deep thoughts

The Trump administration is an enthusiastic supporter, but it’s not yet clear what benefits they really offer, says Bruce Packard at Money Week. Thanks for the shout out!

https://moneyweek.com/investments/bitcoin-crypto/the-steady-rise-of-the-stablecoin