Revolut joins financial watchdog’s stablecoin sandbox as UK rushes to catch up to US

Revolut and three other firms will join the Financial Conduct Authority’s stablecoin sandbox, the regulator said. The sandbox, an ongoing project for the regulator since last year, will focus on key uses under real-world conditions, including crypto trading and payments. Alongside Revolut, Monee Financial Technologies, ReStabilise, and VVTX will participate. Monee is a digital lending platform also involved in the Bank of England’s digital securities sandbox. ReStabilise is a white-label stablecoin ser ...