FCA Sprint Feedback Favors Cross-Border Stablecoin Payments
Feedback from the UK FCA’s Stablecoin Sprint identifies cross-border payments as the clearest near-term opportunity while flagging limits in domestic retail.
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.