The Daily Peg

A round-up of stablecoin and CBDC news. Key theme today? Yields

Photo by REGINE THOLEN on Unsplash

Industry News

Polygon Labs Expands Stablecoin Strategy as Institutional Adoption Accelerates
https://finance.yahoo.com/news/polygon-labs-pushes-deeper-stablecoin-135200650.html

Franklin Templeton Converts Money Market Fund Infrastructure Toward Tokenized Stablecoins
https://finance.yahoo.com/news/franklin-templeton-turns-money-market-160017631.html

ClearBank Partners With Crypto Custodian to Support Stablecoin and Digital Asset Services
https://finance.yahoo.com/news/clearbank-taps-crypto-custody-firm-123000095.html

WalletConnect Pay Integrates With Ingenico Terminals to Enable Stablecoin Retail Payments
https://finance.yahoo.com/news/walletconnect-pay-integrates-ingenico-terminals-181635595.html

Academia

Bank of Italy Study Raises Concerns About Stablecoins’ Role in Global Payment Infrastructure
https://www.bancaditalia.it/pubblicazioni/mercati-infrastrutture-e-sistemi-di-pagamento/approfondimenti/2026-074/

Academic Research Challenges Claims That Stablecoins Improve Financial Inclusion
https://finance.yahoo.com/news/columbia-business-school-debunks-5-100000636.html

Original Source for Above:

Omid Malekan@malekanoms

I am disappointed that market structure legislation seems to be held up by the stablecoin yield issue. Most of the concerns bouncing around Washington are based on unsubstantiated myths. So I've written a new article tackling the 5 biggest. They include: 1) Whether stablecoins

9:30 PM · Jan 12, 2026 · 25.2K Views

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18 Replies · 48 Reposts · 274 Likes

Regulation

U.S. Senate Crypto Bill Nears Key Vote as Stablecoin Amendments Trigger Lobbying Surge
https://www.theblock.co/post/385654/senate-crypto-bill-nears-crunch-time-as-amendments-pile-up-lobbying-intensifies-ahead-of-senate-banking-committee-hearing?

U.S. Credit Unions Push Back Against Stablecoin-Based Rewards and Payments Programs
https://finance.yahoo.com/news/credit-unions-reject-stablecoin-rewards-123109426.html

Stablecoins Face Mounting Regulatory Pressure as Lawmakers Question Financial Stability Risks
https://www.ft.com/content/b6b2ce30-0427-44cb-bf07-2b957302fea6

Crypto Analysts Debate Stablecoins’ Growing Systemic Risk as Regulatory Clock Ticks

Omar@TheOneandOmsy

Bank of America CEO on why stablecoins shouldn't pay interest: (TLDR: consumers shouldn't earn yield so banks can) Quick summary: Interest on stables -> mass deposit flight Fully reserved money -> no fractional leverage Banks lose free funding -> profits go bye bye!

Omar @TheOneandOmsy

If you're wondering why the banks don't want yield on stablecoins, here's the summary of National Deposit Rates from the FDIC: -> Savings = 0.39%, Checking = 0.07%, MM= 0.58%! -> All while the Treasury Yields are 3.89% (from 12/15) -> That fat spread of 3.82% represents bank https://t.co/zaBMTG85It

5:36 AM · Jan 15, 2026 · 23.4K Views

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38 Replies · 43 Reposts · 292 Likes

CBDCs

Central Banks Weigh CBDCs Against Instant Payment Systems in Future of Digital Money
https://www.centralbanking.com/central-banks/payments/7974675/cbdcs-versus-instant-payments

Deep thoughts

Venezuela’s Currency Collapse Highlights Why Stablecoins Are Becoming Financial Lifelines

Venezuela Just Proved Why You Need Sovereign Money