The Daily Peg

Swiss National Bank says CBDCs won’t stop stablecoins.

Photo by Ari Dinar on Unsplash

Industry news

Tether Expands USAT Stablecoin Beyond Crypto Markets
https://finance.yahoo.com/markets/crypto/articles/tethers-usat-stablecoin-expands-beyond-183541607.html

Circle Mints $750 Million In USDC Amid Growing Demand
https://finance.yahoo.com/markets/crypto/articles/circle-mints-750-million-usdc-203900117.html

Visa Stablecoin Partner Falls Behind Mastercard In Digital Payments Race

https://finance.yahoo.com/markets/crypto/articles/visa-stablecoin-ally-falls-mastercard-104500972.html

BitGo Launches Institutional Stablecoin Minting And Redemption Services
https://www.theblock.co/post/396152/bitgo-stablecoin-minting-redemption-institutions?

B2C2 And SBI Launch Institutional Stablecoin Network On Solana
https://www.theblock.co/post/395985/b2c2-solana-institutional-stablecoin-network-sbi-holdings?

Kulipa Raises Seed Funding To Build Stablecoin Payment Cards
https://www.theblock.co/post/396063/stablecoin-card-kulipa-seed-round?

OpenFX Raises Funding To Expand Stablecoin-Based FX Infrastructure
https://finance.yahoo.com/markets/currencies/articles/fx-payments-startup-openfx-raises-101133906.html

Ripple Backs Stablecoin-Enabled Cross-Border Payments With Convera
https://finance.yahoo.com/markets/crypto/articles/ripple-backs-convera-enabled-cross-204100448.html

Circle Plans Wrapped Bitcoin Token To Expand Crypto Utility
https://www.theblock.co/post/396275/circle-plans-wrapped-bitcoin-token-cirbtc?