In corridors worldwide, stablecoins are completely rewriting the rules of money.Supply has soared over 7% to $288bn in just over a month. Europe’s first frameworks are live. Japan is on the cusp of launching its first Yen-backed version and Wall Street is embracing stablecoins with gusto, spurred on by the President’s personal endorsement of crypto and his landmark GENIUS Act. Even Stripe now has its own blockchain. And what is the UK doing? Seemingly resting on its laurels—sitting on the sidelines, watch ...