Major Stablecoin Issuers Eye UK Market

[lingriiddd]

Stablecoin giants including Circle, Tether, and PayPal are preparing to enter the regulated UK market. Circle has already obtained EU MiCA licensing, while PayPal’s PYUSD supports 200,000 merchants globally. The Bank of England plans to require stablecoin issuers to hold reserves in government bonds or short-term securities.

[EmTeam]

Everyone wants early access before the regulations settle.

[Rimon Khan]

The UK might become the new battleground for stablecoin dominance.