WTO Says Regulation and Fiat Rails Constrain Stablecoin Trade Payments
A new WTO report finds that stablecoins could ease selected cross-border payment frictions, but fragmented rules, fiat conversion and limited interoperability constrain adoption.
A new WTO report finds that stablecoins could ease selected cross-border payment frictions, but fragmented rules, fiat conversion and limited interoperability constrain adoption.
Feedback from the UK FCA’s Stablecoin Sprint identifies cross-border payments as the clearest near-term opportunity while flagging limits in domestic retail.
A joint policy statement backs one-to-one reserves, protected redemption rights and pathways for regulated stablecoins to reach both markets.
The Bank for International Settlements has called for coordinated stablecoin safeguards alongside development of tokenised central and commercial bank money.
The Bank of England dropped proposed individual and business holding limits for systemic stablecoins, replacing them with a temporary £40 billion issuance guardrail per product.