Archive - Cash Equivalence

Crypto bloodbath: the stablecoin fallout

Looks like it was a close one for the Delta-One coins like Ethena’s USDe.

Oct 11 •

Izabella Kaminska

The Weekly Peg: Delta-one strategies are go

Plus, Hyperliquid's Jeff Yan argues perps are superior instruments. Meanwhile, tokenized deposits dealing in stablecoins are coming to Japan.

Oct 10 •

Izabella Kaminska

Stablecoins as stablization programs for the West

The Genius Act is about more than separating credit functions from payment float. It's a form of forward guidance that says, 'You can trust us, because…

Oct 9 •

Izabella Kaminska

Pegs for the diary

All the stablecoin-themed gatherings, conferences and events coming up in the near term.

Oct 9 •

Izabella Kaminska

The Weekly Peg (3/3): Jack Ma says 'I told you so'

The fight over whether stablecoins should hold all assets in unremunerated reserves at the BoE heats up. Plus, SWFs are getting into stablecoins.

Oct 9 •

Izabella Kaminska

The Weekly Peg (2/3): Let a thousand stablecoins bloom

The stablecoin duopoly era is coming to an end. Plus, Delta One makes an appearance.

Oct 7 •

Izabella Kaminska

The Weekly Peg (1/3): Singapore hangover

Here's our rundown of last week's Token 2049 gathering in Singapore.

Oct 6 •

Izabella Kaminska

Why 'perps' could be the next big thing after stablecoins

As perpetual futures edge into the mainstream, they stand to reshape dollar funding markets in unexpected ways.

Oct 4 •

Izabella Kaminska

September 2025

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts