The FCA has laid the foundations for a new conduct and prudential regime for stablecoin issuers and custodians in two of its recent consultation papers, CP25/14 and CP25/15. This briefing is designed to highlight some of the key requirements for stablecoin issuers in CP25/14 which govern: 

    - the creation, offer and redemption of qualifying stablecoin
    - issuer disclosure requirements, and
    - safeguarding of backing assets