The Daily Peg
Stablecoins are a throwback to US Civil War financing, says Giles Moec in CEPR's New Global Imbalances Report. Even so, he adds, the rest of the world continues to pay the US for insurance for now.
Industry news
Paxos Gold Celebrates Hitting 500k Tokens in Issuance
Paxos@Paxos
500K PAXG tokens.
That's 500K fine troy ounces (15+ metric tons) of London Good Delivery gold, tokenized on @ethereum.
With gold prices near $5K/oz and PAXG market cap soaring past $2B, tokenized gold is proving out the case for bringing RWAs on-chain:
❏ Every token is
8:06 PM · Apr 13, 2026 · 415 Views
2 Replies · 1 Repost · 18 Likes
European Banks Selecting Partners for Stablecoin Deployment
https://coinmarketcap.com/academy/article/european-banks-move-past-strategy-now-picking-stablecoin-infrastructure-partners
Y Combinator Backs First All-Stablecoin Startup Focused On USDC And Solana
https://www.theblock.co/post/397304/y-combinator-first-all-stablecoin-funding-usdc-solana?
Iran crisis
Circle CEO Says USDC Not Being Used To Navigate Hormuz-Linked Geopolitical Risk
https://finance.yahoo.com/markets/crypto/articles/circle-ceo-says-usdc-not-142300025.html
