# Bank of England Governor Andrew Bailey warns of a "coming wrestle" with the U.S. over stablecoin standards.

*web3 · news · 2026-05-11 · Decrypt*

## Key points

- Andrew Bailey warned that U.S. stablecoin rules could shift redemption risk onto the UK during crises.
- The UK requires stablecoin 1:1 redemption at all times, while the U.S. offers a seven-day redemption window.
- FSB shapes baseline international stablecoin standards, influencing regulation despite lacking formal rulemaking power.
- UK could exclude non-compliant U.S. stablecoins from regulated payment rails to enforce local standards.

**Companies:** Tether, Orbs, Superset, GRT Consulting, t-0
**Countries:** United States, United Kingdom

[Read the full story on Decrypt](https://decrypt.co/367399/bank-of-england-chief-flags-coming-wrestle-with-us-on-stablecoin-oversight)

---

Canonical: https://newsio.io/n/c9a73232-fd99-49c7-90c2-738419d3da5e/bank-of-england-governor-andrew-bailey-warns-of-a-coming-wrestle-with-the-u-s-ov
Summarized by Newsio from Decrypt. https://newsio.io/how-it-works