The UK's Financial Conduct Authority (FCA) announced that stablecoin payments pegged to the pound will become one of its core priorities for future work. Currently, the market size of pound stablecoins is less than $6 million, far behind the global market dominated by dollar stablecoins worth $308 billion. The FCA has recently launched a stablecoin regulatory sandbox and opened applications for companies, while the Bank of England is also developing a regulatory framework for payment stablecoins. In addition to stablecoins, the FCA is also prioritizing asset tokenization on the blockchain. (DL News)