Consortium trials sterling-backed stablecoin for Bank of England

A group of private companies known as the Digital FMI Consortium will trial cross-border payments using a sterling-backed stablecoin and provide its findings to the Bank of England. The DFMI is the UK...

Tether will launch a new pound sterling-backed stablecoin

Tether has announced today that it will roll out a sterling- backed stablecoin next month. The move comes as the UK prepares to regulate the stablecoin sector in readiness for its attempt to make Lond...