Stablecoins
Plain definition. The UK Financial Conduct Authority describes qualifying stablecoins as cryptoassets that try to keep a steady value by referencing one or more government-issued (fiat) currencies.
Technical definition. In its consultation paper CP25/14, the Financial Conduct Authority defines qualifying stablecoins as cryptoassets that aim to maintain a stable value by referencing one or more fiat currencies, and says they could make payments and settlement on blockchain technology more efficient. The regulator’s proposed rules aim to ensure that regulated stablecoins maintain their value. The UK Financial Conduct Authority said in its consultation paper CP25/14 that its proposed rules also mean customers should be provided with clear information on how the backing assets are being managed.
On this site
On this site, Stablecoins comes up in Does every payment on the XRP Ledger go through XRP?, How does XRP Ledger activity compare with Ethereum, Solana and Stellar on the same measures?, Do banks actually need XRP, or just Ripple’s software?, Do more stablecoins and tokenized assets make XRP more or less useful as a bridge? and How much stablecoin value is on the XRP Ledger, and how fast is it growing?.
Source
CP25/14: Stablecoin issuance and cryptoasset custody | FCA (fca.org.uk), read October 1, 2026.
Pages that cover Stablecoins
- Is there another neutral bridge asset as good as XRP?
- Could Ethereum or Solana become the universal bridge instead of XRP?
- Why might an institution choose not to use XRP?
- Could stablecoins help America's debt problem?
- Is the US government coordinating with Ripple around XRP, or is that pure speculation?
- Does XRP conflict with US dollar dominance?
- How big is global stablecoin transaction volume?
- Who earns the interest on RLUSD's reserves, and does any of it reach XRP holders?
- Why do stablecoins matter for XRP liquidity?
- What could XRPL stablecoin supply be by the end of 2026?
- How much stablecoin value actually moves on the XRP Ledger?
- How does XRP Ledger activity compare with Ethereum, Solana and Stellar on the same measures?
- Do banks actually need XRP, or just Ripple's software?
- Do more stablecoins and tokenized assets make XRP more or less useful as a bridge?
- Will RLUSD and other stablecoins replace XRP?
- Could direct stablecoin pairs make XRP unnecessary on its own ledger?
- What are the possible structural outcomes for XRP?
- Can RLUSD always be redeemed for dollars, and what happens to holders if its issuer fails?
- What reserves must stablecoins hold under the GENIUS Act?
- What has the Trump administration's crypto policy actually done?
- How much stablecoin value is on the XRP Ledger, and how fast is it growing?
- What backs RLUSD, Ripple's stablecoin?
- Does every payment on the XRP Ledger go through XRP?
- What are tokenized bank deposits, and how do they differ from stablecoins and XRP?
- Who does XRP actually compete with in cross-border payments?
- Is using stablecoins to boost demand for US Treasuries official policy, and does it involve XRP?
- How long would XRPL liquidity take to reach $5B to $250B at 2026 growth rates?