Canada to Approve Only High-Quality Stablecoins

[cryptohog]

The Bank of Canada will permit stablecoins pegged 1:1 to central bank currencies and backed by high-quality liquid assets like Treasury bills and government bonds. Governor Tiff Macklem says the goal is to ensure stablecoins act as “good money” under upcoming 2026 regulations.

[Abdul Khan]

Quality standards can strengthen trust in the stablecoin market.

[Nahid Hossen]

This approach may reduce risk without blocking innovation.

[Nahid Hossen]

Preparation matters more than timing when it comes to security.