Stablecoins Offer Limited Retail Payment Appeal in UK, FCA Says
Crypto News
"FCA participants identified cross border payments as the strongest current use case for stablecoins, particularly in markets with limited access to U.S. dollars. The regulator said UK consumers have little incentive to switch payment methods, though merchants could benefit from lower costs and faster settlement. Findings from the Stablecoin Sprint have informed the FCA’s stablecoin issuer rules and will shape future policy for stablecoin payments."
