The stable pound is coming. Once it arrives it may well disrupt existing retail and wholesale payments forever. Digital payments need no longer be confined to TradFi rails with their attendant delays and take rates. Sterling payments can move on chain. UK regulatory reform to make this a reality is now closer than ever. In this article I summarize what we know now (January 2024) about the likely shape of the new legal regime. This article does not contain legal advice and is for legal educati...