The Weekly Peg: World wakes up to the 'dollarization by stablecoin' effect

Plus, the Fed's Stephen Miran on the impact of stablecoins on loanable funds and the ECB's main markets man on why non-remuneration is a regulatory 'original sin'.

Photo by Joshua Hoehne on Unsplash

Subscriber note: As you may have noticed, we’ve rebranded to The Peg, as in “currency peg” (not anything else you might have in mind).

Second subscriber note: As we dive ever deeper into stablecoins, we’re accumulating more knowledge than we have time to write up. We would like to invite subscribers to reach out to us directly via the chat features here or via the Blind Spot Discord, if you require more substance or insight.