Why is the UK planning to cap stablecoin holdings?

[nihalsari]

everyone trying to outpredict policy that hasn’t even been decided yet

[nihalsari]

@Olaf oh wow

[The_Walking_Dead]

Caps on stablecoins = banks protecting liquidity.

[059d96d16a]

If money flows out too fast, lending gets hit hard.

[Capybara_Capybara]

£20k limit feels like a “slow adoption” strategy.

[bred]

Governments don’t want instant capital flight.

[GummyBear]

Stablecoins exposing weaknesses in TradFi system.

[9777089235]

Regulation always follows where money moves.

[Revenant]

This is more about control than risk tbh.

[d82ae58262]

Crypto vs banks tension just getting started.

[UndeadBeastMonkeykiller]

proposal suggests a temporary cap