Stablecoin: The Main Point of Policy Divergence Between the UK and the US

The Governor of the Bank of England warns of systemic risks from stablecoins, while the US sees them as a strategic tool to bolster the USD's position internationally.

A clear policy divide regarding stablecoins is gradually emerging between the two sides of the Atlantic, reflecting the starkly opposing views among policymakers in the UK and the US. While the Washington administration actively promotes a legal framework to harness the strategic potential of stablecoins, London remains cautious, particularly emphasizing the systemic risks that may arise from this type of asset.@Lagrange Official #LagrangeLA