The Bank of Canada has warned that stablecoins, now powering trillions in global payments, must be “as safe and stable as the balance in your bank account” before regulators let them scale. Speaking at the CPA conference in Ottawa on Thursday, the Bank of Canada's Executive Director of Payments, Supervision and Oversight Ron Morrow said that while stablecoins present major opportunities to modernize Canada's payment infrastructure, "there's scope for a lot of potential change, but there's also the need fo ...