PANews reported on April 12 that according to Cryptoslate, the Financial Policy Committee (FPC) of the Bank of England stated in its April 2025 record that although the scale and relevance of stablecoins continue to grow, inadequate supervision and inappropriate asset support may pose new risks to UK financial stability, especially in times of stress.

The committee reiterated that the Bank of England and the Financial Conduct Authority (FCA) are actively developing a regulatory regime for both systemic and non-systemic stablecoins to ensure that these tokens can reliably meet redemption requests and maintain parity even in turbulent market conditions.