The Central Bank of Sweden released a research report on stablecoin policy, indicating that the regulatory paths of the US and Europe are gradually becoming more aligned.

PANews, December 2nd news, the Central Bank of Sweden (Riksbank) released a research report indicating that despite differences in regulatory frameworks, the US and Europe are gradually showing substantial convergence in stablecoin policies. The report focuses on three key dimensions of central bank policies: whether to allow stablecoin issuers to access the settlement system, whether central bank reserves can be used as collateral, and whether liquidity support can be obtained. Currently, although the US and Europe legally allow the use of central bank reserves, there are still operational restrictions. The European Central Bank has allowed some non-bank payment institutions to hold central bank account balances for transaction flow, but has not relaxed the use of stablecoin backing.