The Daily Peg

Non-USD stablecoins are proliferating. Plus, Circle stock is still having a tough time.

Industry news

Western Union Signals Major Push Into Stablecoins For Cross-Border Payments
https://finance.yahoo.com/markets/crypto/articles/western-union-big-plans-stablecoins-202859614.html

Bitget Wallet Launches Stablecoin Payments Infrastructure With Ripple, Mastercard, And Tether Integration
https://www.theblock.co/post/395056/bitget-wallet-debuts-stablecoin-payments-infrastructure-integrating-with-ripple-mastercard-tether-and-others?

Payy Raises Funding To Build Privacy-Focused Stablecoin Payments Network
https://www.theblock.co/post/395106/stablecoin-startup-payy-funding-private-transactions?

Visa Expands Stablecoin Role With Canton Network Super Validator Participation
https://decrypt.co/362327/visa-payments-canton-network-super-validator

Circle Stock Falls As Tether Competition Intensifies In Stablecoin Market
https://finance.yahoo.com/markets/crypto/articles/circle-stock-dives-rival-tether-204855885.html