🇬🇧 The UK just cut stablecoin capital requirements in half, from 2% to 1%, inside its first full crypto framework.


That number sounds boring. It is not.
Lower capital coefficients mean issuers can deploy more of their reserves into yield-generating instruments instead of sitting them idle to satisfy regulators. Tether's entire business model runs on that exact spread.
The UK just told stablecoin issuers their margins just got better, on purpose, to lure them onto British soil before MiCA and the GENIUS Act lock in everyone else's home turf.
This is a subsidy disguised as deregulation.
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