The Daily Peg

A round-up of stablecoin and CBDC news.

Photo by DrawKit Illustrations on Unsplash

Industry news

World’s Largest Private Gold Holder, Tether, Becomes One of the Biggest Bitcoin Holders
https://www.thestreet.com/crypto/markets/worlds-largest-private-gold-holder-joins-top-five-bitcoin-holders

Statecraft

Asia Accelerates Stablecoin Strategy Heading Into 2025
https://www.theblock.co/post/383835/asias-stablecoin-focus-2025

Debate Grows Over Whether Stablecoins Can Protect Dollar Dominance
https://www.japantimes.co.jp/commentary/2026/01/05/world/will-stablecoins-preserve-dollar-dominance/

Japan Examines How Stablecoins Could Reshape the Bond Market
https://www.japantimes.co.jp/business/2026/01/05/markets/stablecoins-bond-market/

Questions Mount Over Venezuela’s Alleged Secret Bitcoin Reserves
https://www.zerohedge.com/geopolitical/60-billion-question-venezuela-secretly-bitcoin-superpower

China Signals Next Phase of Digital Yuan Expansion
https://mp.weixin.qq.com/s/9WbwnKpZbtY-OGu1Vu6YEA

Regulation

South Korea’s Landmark Crypto Law Delayed Over Stablecoin Issuer Dispute
https://finance.yahoo.com/news/south-korea-long-awaited-crypto-173641106.html

GENIUS Act Criticized as Power Shift Toward Banks

Rep. Marjorie Taylor Greene🇺🇸@RepMTG

Very important read that most Americans have no idea happened this past year in Congress. I voted NO on GENIUS Act because it hands power over to banks and federal regulatory framework of Stable coins, but opens the back door for a Central Bank Digital Currency (CBDC). I voted

Warren Davidson 🇺🇸 @WarrenDavidson

What's going on in crypto? Flat or declining markets. Definite vibe shift... A few thoughts. Markets have stalled, in my opinion, because the disintermediation use case has been effectively destroyed in America. An account-based industry offers no distinct advantage over the

5:02 PM · Dec 31, 2025 · 365K Views

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683 Replies · 1.66K Reposts · 6.27K Likes

U.S. Lawmakers Prepare Major Crypto and Stablecoin Legislation
https://finance.yahoo.com/news/top-us-crypto-bills-watch-100215687.html

Academics

Study Warns Stablecoins Face Devaluation Risk in FX Markets
https://www.tandfonline.com/doi/abs/10.1080/1351847X.2025.2505757

Central banks

India’s Central Bank Warns CBDCs Must Outcompete Stablecoins
https://finance.yahoo.com/news/india-rbi-warns-cbdcs-must-191940868.html