Why is the UK focused on stablecoins?

[chainsniff]

The Bank of England and UK regulators are exploring stablecoins for payments and settlements. They aim to ensure financial stability, protect consumers, and maintain monetary sovereignty as stablecoins grow globally.

[Abdul Khan]

The UK wants predictable digital payments — stablecoins offer exactly that.

[alex10]

Regulated stablecoins could strengthen London’s global fintech presence.