Revolut among 4 companies chosen to test stablecoins in UK sandbox

CoinTelegraph

by Christina Comben

February 25, 2026

AI-Generated Deep Dive Summary

The UK Financial Conduct Authority (FCA) has selected four companies—Monee Financial Technologies, ReStabilise, Revolut, and VVTX—to test stablecoin issuance and related financial services within its regulatory sandbox. This initiative, set to begin in Q1 2026, aims to evaluate how these firms’ stablecoin products perform under the UK’s proposed regulatory framework. The FCA chose these companies from a pool of 20 applicants, signaling their potential to contribute valuable insights to the development of stablecoin regulations. The regulatory sandbox provides a controlled environment for innovation, allowing selected firms to test new financial products and services while operating under specific conditions set by the FCA. This cohort will focus on testing use cases such as retail payments, wholesale settlement, and crypto trading. The findings from these tests will inform the UK’s final stablecoin regulations, which are expected to create a clearer framework for businesses and consumers in the cryptocurrency space. The selection of Revolut, a well-known fintech company with a strong presence in digital banking and cryptocurrency, adds significant weight to this initiative. Its inclusion alongside other specialized firms like Monee Financial Technologies and ReStabilise highlights the diverse range of expertise and innovation being tested under the FCA’s regulatory sandbox. These tests will not only evaluate technical aspects of stablecoin issuance but also assess their impact on financial stability, consumer protection, and market integrity. This initiative is a significant step forward for the UK’s efforts to establish itself as a global leader in cryptocurrency regulation. By testing stablecoins in a controlled environment, the FCA aims to strike a balance between fostering innovation and ensuring public confidence in digital assets. The results of these tests will be critical for shaping the future of stablecoin adoption in the UK and potentially influencing regulatory frameworks worldwide. For readers interested in crypto, this development underscores the growing importance of stablecoins as a bridge between traditional finance and blockchain technology. As the global cryptocurrency market continues to evolve, initiatives like the UK’s regulatory sandbox provide valuable insights into how governments can manage digital assets effectively while mitigating risks. The involvement of major

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Originally published on CoinTelegraph on 2/25/2026