
The essential stablecoin monetary breakdown
| Platform | Pricing | Freemium | Publishes | Daily | |
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| Issues | 193 | Founded | 2 years ago | Last Issue | 5 days ago |
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Plus, a paper from the EU’s European Stability Mechanism predicts that USD stablecoins circulating in Europe could generate up to $18 billion of annual seigniorage income for Washington.
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Plus, the ECB’s Pontes tokenised settlement system gets the all-clear for launch.
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However, this is not the US geopolitical scandal you are looking for.
The internet is abuzz with news that Saudi Arabia has quit MBridge, the Chinese-led project to forge a competitor cross-border settlement system to the dollar.
We can neither confirm nor deny that an arsenal of Chinooks is at the ready.
I’ve stumbled across some curious intel but it’s for subscribers only. Sorry.
Plus, FPC member Carolyn Wilkins warns that stablecoin network effects won’t be enough to protect the dollar from fundamentals.
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Subscribers, engagement, traffic and sponsorship for The Peg.
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The writers behind this newsletter.
The author is an experienced financial journalist who believes stablecoins are the second coming of eurodollars, demanding the same close attention once paid to offshore dollar markets.
Crypto + Macro: Former MD Research for CoinDesk + Head of Market Insights for Genesis Trading, prev tradfi and ecommerce entrepreneur. I've been writing crypto/macro newsletters for the past 11yrs now, and it just keeps getting more interesting.
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