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Regulators must get to grips with stablecoins, says Digital Pound Foundation chief

Banknotes superimposed on office blocks
Photo: Getty Images

In part 2 of our interview with Jannah Patchay of the Digital Pound Foundation, we discuss stablecoins and the the wholesale/retail divide.

How can stablecoins maintain credibility, particularly in light of recent hackings and value depreciations?

“Fundamentally, a stablecoin must be able to hold its value such that users can be confident that they are holding a stable method of payment that will not fluctuate in value. This is where the challenge