You are viewing the FCA Handbook Glossary as it appeared on 25/10/2027.

qualifying stablecoin funds

  1. (a) money received by a qualifying stablecoin issuer in payment for a qualifying stablecoin in the course of carrying out the activity of issuing a qualifying stablecoin; and
  2. (b) money that is equivalent in value to the consideration accepted by a qualifying stablecoin issuer when it accepts something other than money in payment for a qualifying stablecoin in the course of carrying out the activity of issuing a qualifying stablecoin.
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25/10/2027