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X @Polygon | POL
Polygon· 2026-04-09 15:39
Live pairs include:@transferogroup BRZ (Brazilian real)@KrwqCash KRWQ (Korean won)@idrx_co IDRX (Indonesian rupiah)@tokenGBP tGBP (British pound)@ForteAUD AUDF (Australian dollar)@USDT0_to USDT (US dollar)Base dollar pairing: frxUSD (Frax USD)More currency pairs in development. Incentives and gauges are live now. ...
Revolut joins financial watchdog’s stablecoin sandbox as UK rushes to catch up to US
Yahoo Finance· 2026-02-25 16:46
Core Insights - The Financial Conduct Authority (FCA) is expanding its stablecoin sandbox to include Revolut and three other firms, focusing on real-world applications like crypto trading and payments [1][2] - The FCA aims to support UK stablecoin issuers to enhance trust in payments, settlement, and trading [2] Group 1: Participants in the Sandbox - Revolut, Monee Financial Technologies, ReStabilise, and VVTX are the firms participating in the FCA's stablecoin sandbox [1] - Monee is a digital lending platform involved in the Bank of England's digital securities sandbox [2] - ReStabilise offers a white-label stablecoin service for traditional companies to issue their own stablecoins, while VVTX is a layer-1 blockchain supporting the UK's largest sterling stablecoin, tGBP [2] Group 2: Market Context - The total value of sterling-based stablecoins is just under $5 million, significantly lower than the over $307 billion value of US dollar-denominated stablecoins [3] - The UK government is focused on closing this gap in the stablecoin market [3] Group 3: Regulatory Environment - The FCA has prioritized stablecoins for payments as part of a broader growth strategy from the Labour government [4] - The Bank of England is finalizing rules for its supervisory regime for stablecoins, indicating a regulatory push towards more efficient payment solutions [5] Group 4: Challenges and Opportunities - Despite the dominance of dollar-backed stablecoins, the UK’s tactical approach aims to avoid pitfalls that have hindered US policymakers [6] - A key issue in the US stablecoin legislation is whether the yield from assets backing stablecoins should be passed to holders, a concern that UK industry insiders hope to navigate effectively [7]
X @Solana
Solana· 2026-02-12 18:11
RT Loopscale (@Loopscale)The British pound, now on Loopscale with @tokengbp's tGBP.Deposit tGBP to the tGBP Vault and earn lending yield plus 5,000 tGBP in rewards to depositors over 3 months.Also live: @etherfuse's GILTS—tokenized UK government bonds. Deposit GILTS or tGBP. Loop for up to 12.2% APY. https://t.co/KxIUmyVMbg ...