UK bankers view stablecoins as an important part of their growth strategy, a survey of senior executives shows, as the industry awaits clarity on managing the asset class from the country’s regulators.
A survey of 150 banking leaders in the UK found that 83 per cent regard stablecoins as important to their growth strategy in the next three to five years, according to KPMG data shared exclusively with The Banker, with nearly all noting that greater regulatory clarity would accelerate their involvement.
