The Daily Peg
Circle's surging quarterly profit gives crypto markets hopium.
Industry news
Circle Reports Profit Surge, Giving Crypto Investors Fresh Optimism
https://www.marketwatch.com/story/circle-gives-crypto-investors-a-reason-to-cheer-by-reporting-a-big-jump-in-profits-f964ac5a?
Circle Earnings Release:
https://s206.q4cdn.com/265218871/files/doc_earnings/2025/q4/earnings-result/4Q25-Earnings-Release.pdf
Circle Posts $770 Million Q4 Revenue As USDC Supply Hits $75 Billion
https://www.theblock.co/post/391228/circle-reports-770-million-q4-revenue-as-usdc-circulation-reaches-75-billion-targets-40-cagr-for-stablecoin?
Circle Shares Rise After Strong Q4 Earnings Report
https://www.wsj.com/business/earnings/circle-internet-group-crcl-q4-earnings-report-stock-2025-e365d348
Tether-Backed Oobit Enables Crypto-to-Fiat Transfers to Any Bank Globally
Tether Takes Stake In Whop As Platform Adopts WDK For Creator Payouts
https://www.theblock.co/post/391181/tether-takes-stake-in-whop-as-platform-adopts-wdk-for-stablecoin-creator-payouts?
UK Finance Promotes Tokenised Sterling Deposits Initiative
https://www.ukfinance.org.uk/tokenised-sterling-deposits
BNP Paribas Executes Money Market Fund Transaction On Public Blockchain
https://www.marketsmedia.com/bnp-paribas-uses-public-blockchain-for-money-market-fund/
âStablecoin Summerâ Motivates Stripe Offer To Repurchase Shares From Current and Former Employees, at a $159 Billion Valuation
https://finance.yahoo.com/news/stablecoin-summer-stripe-makes-tender-212929332.html
SafeLabs Integrates Morpho Vault For EURCV Stablecoin
https://www.theblock.co/post/391137/safelabs-integrates-morpho-vault-eurcv-stablecoin?
Regulation
OCC Unveils Framework For Federally Regulated Stablecoins Under GENIUS Act
https://decrypt.co/359188/occ-framework-regulated-stablecoins-genius-act
FCA Selects Four Firms To Test Stablecoin Regulatory Sandbox
https://www.fca.org.uk/news/press-releases/4-firms-selected-test-stablecoin-regulatory-sandbox
Analysis
New YouGov Survey, Commissioned by Coinbase and BVNK, Finds 77% of Stablecoin Users Would Open Cryptocurrency or Stablecoin Wallet
https://info.bvnk.com/utility
Stablecoin Growth is Stalling
https://www.dlnews.com/articles/markets/the-stablecoin-boom-has-stalled-but-two-factors-will-restart-the-rise/?
Banks Look Beyond Stablecoin Debate Toward Broader Digital Asset Strategy
https://finance.yahoo.com/news/beyond-stablecoin-debate-why-banks-150405450.html
Deep thoughts
Krupetsky Tells Bloomberg Stablecoin Surge Expected on More Issuance And Altcoin Growth
https://finance.yahoo.com/video/going-see-more-stablecoins-alts-202522601.html
Run on Major Stablecoins Could Force Mass Sales of T-bills Right When the Treasury Needs to Issue
https://www.zerohedge.com/markets/mirage-manufactured-calm-and-disconnect-between-markets-and-reality
Stablecoin Adoption Poses Threat To Emerging Economies, Economist Warns
https://www.project-syndicate.org/commentary/stablecoin-adoption-poses-threat-to-emerging-economies-by-eduardo-l-yeyati-2026-02
When workers are paid in USDC and merchants accept USDT, accounts receivable and short-term credit arrangements follow. I call this the âStablecoin Paradoxâ: to preserve stability under what effectively functions like a currency board, leverage and the creation of additional claims must remain tightly constrained. Yet once stablecoins are used in financial intermediation, whether in decentralized finance (DeFi) protocols or emerging forms of commercial credit, secondary claims inevitably proliferate.
Eduardo Levy Yeyati, Project Syndicate
Stripe Co-Founder Predicts AI Agent Commerce Boom Powered By Stablecoins
https://www.theblock.co/post/391244/stripe-co-founder-predicts-torrent-of-ai-agent-commerce-powered-by-stablecoins?
Stablecoins Are Eating Everything In Crypto, Says Morning Brief
https://decrypt.co/359101/morning-minute-stablecoins-are-eating-everything
CBDCs
Two-Thirds Of Central Banks Expect CBDC Adoption Within A Decade
https://www.centralbanking.com/benchmarking/fintech/7975242/two-thirds-of-central-banks-predict-cbdc-adoption-in-5-10-years
Perpetuals
Kraken Launches 24/7 Perpetual Futures On Gold, Major Indexes And Big Tech Stocks
https://www.theblock.co/post/391089/kraken-rolls-out-round-the-clock-perps-gold-major-indexes-stocks-nvidia-apple-tesla?