The UK’s Financial Conduct Authority (FCA) has just launched a brand-new Stablecoins Cohort, giving firms a golden chance to test their stablecoin products in a regulated sandbox while directly influencing the UK’s future digital currency rules.
Applications are open now!
According to the FCA filing on 26 November 2025 , the new Stablecoins Cohort lets firms test live stablecoin solutions using real market data or their own systems.
Participants work directly with FCA Innovation Case Officers, gaining guidance that could shape the UK’s future stablecoin rules.
This initiative is designed to provide a safe space for responsible innovation, ensuring compliance while experimenting. With over $130 billion in stablecoins circulating globally in 2025, the sector is growing fast.
Interestingly, accepted projects also get public visibility in the FCA listing, offering a unique chance to attract investors, partners, and fintech enthusiasts
Meanwhile, the cohort is perfect for companies planning to issue stablecoins under the new UK regulatory system. It’s more than just a testing program, firms can also share feedback that may shape how stablecoins are issued, redeemed, and backed in the country.
Applications opened on 26 November 2025 and closed on 18 January 2026. If your firm is working on a stablecoin, this is your moment to step into the spotlight and help define the rules of the game.
With the UK fintech market valued at over £261.4 billio n in 2025, stablecoins are quickly becoming a major part of this ecosystem.
Stablecoins are taking the world by storm, from speeding up payments to opening new investment avenues. By creating this cohort, the UK is showing it wants to be a global hub for safe digital finance innovation.
On top of it, London is home to over 2,500 fintech companies, and already ranks among the world’s leading cities for financial innovation.
With hands-on regulatory support, live market testing, and public visibility, the FCA Stablecoins Cohort offers firms a rare chance to shape the future of money in the UK.
