The Daily Peg

Yen stablecoins are proliferating.

Photo by Colton Jones on Unsplash

Industry news

Bernstein Reiterates "Outperform" Rating and $190 Price Target on Circle After Revenues Exceed Expectations.
https://www.theblock.co/post/391518/circle-shares-90-bernstein-divergence-crypto-mizuho-polymarket-boost

World Liberty Financial Proposes Staking-Based WLFI Governance Model
https://www.theblock.co/post/391380/world-liberty-financial-proposes-staking-based-wlfi-governance

CoinMarketCap@CoinMarketCap

LATEST: ⚡ World Liberty Financial is proposing WLFI holders lock tokens for 180 days to earn governance rights, with extra incentives for depositing USD1 on its DeFi lending platform.

3:29 PM · Feb 26, 2026 · 35.8K Views

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90 Replies · 89 Reposts · 491 Likes

SBI Holdings and Startale Launch Trust-Backed Japanese Yen Stablecoin JPYSC
https://www.theblock.co/post/391386/sbi-holdings-startale-jpysc?

Deep thoughts

Tether Co-Founder Weighs In on Bitcoin Selloff
https://www.bloomberg.com/news/videos/2026-02-05/tether-co-founder-weighs-in-on-bitcoin-selloff-video

U.S. Institutional Trust Eroding Amid Stablecoin Skepticism and Economic Strain
https://www.nakedcapitalism.com/2026/02/from-fed-failures-to-inflation-and-stablecoins-americas-trust-is-cracking.html

Analysis

Global Adoption of USD-Denominated Stablecoins Accelerates Outside the US

Leon Waidmann@LeonWaidmann

99% of stablecoins are USD-denominated. But look at WHO is actually using them. It's not Americans. The entire world chose digital dollars. Not because the US told them to. Because they're better. 🔹 Asia dominates 🔹 Europe growing fast 🔹 North America's share is SHRINKING 🔹

1:24 PM · Feb 26, 2026 · 2.06K Views

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8 Replies · 13 Reposts · 49 Likes

Cross-Border Stablecoin Payment Share Falls Sharply Since 2024

Allium@AlliumLabs

Are stablecoin payments becoming more global over time? The opposite. Cross-border share has fallen from 28% in 2024 to 23% in 2025 to 16.6% in 2026 YTD. 83% of geo-labeled stablecoin payment volume now stays within the same region. Stablecoins are maturing as a regional

5:00 PM · Feb 25, 2026 · 645 Views

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1 Reply · 1 Repost · 10 Likes

Central Banks Divided Over Stablecoin Impact on US Debt Demand
https://www.centralbanking.com/benchmarking/fintech/7975248/central-banks-divided-over-stablecoin-impact-on-us-debt-demand

Regulation

Paxos Breaks Down The Regulatory Playbook for Stablecoins Across Three Key Jurisdictions

Paxos@Paxos

https://t.co/ZgdoTvXc4I

10:20 PM · Feb 24, 2026 · 7.31K Views

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3 Replies · 10 Reposts · 76 Likes

OCC Publishes GENIUS Act Notice of Proposed Rulemaking
https://www.occ.gov/news-issuances/bulletins/2026/bulletin-2026-3.html

OCC Issues New Release on Digital Asset Banking Oversight
https://occ.gov/news-issuances/news-releases/2026/nr-occ-2026-9a.pdf

OCC Officially Shuts Down Creative “Loophole” Engineering Around Stablecoin Interest and Rewards, Says Starpoint LLP
https://blog.starpointllp.com/2026/02/no-more-stableocin-rewards/

Perpetuals

Blockchain Association Lobbies CFTC to Bring Perpetual Futures Onshore

Blockchain Association@BlockchainAssn

1/ Today, we submitted a petition to the @CFTC urging the Commission to bring perpetual futures (“perps”) onshore – so these products can trade safely under U.S. oversight. theblockchainassociation.org/petition-to-th…

5:25 PM · Feb 25, 2026 · 4.42K Views

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2 Replies · 9 Reposts · 30 Likes

Plumbing

Canton Network Completes First Cross-Border Intraday Repo Using Tokenised U.K. Govt Bonds
https://www.coindesk.com/business/2026/02/24/canton-advances-cross-border-repo-to-free-up-usd300-trillion-assets-via-tokenization

Nasdaq Exchange@NasdaqExchange

Canton Strategic Holdings is the first publicly traded company to leverage Canton Coin to support the Canton Network's ability to digitize traditional financial markets. Proud to call you #NasdaqListed, $CNTN!

10:00 PM · Feb 26, 2026 · 25.3K Views

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22 Replies · 91 Reposts · 425 Likes