According to @simplykashif, a new Sveriges Riksbank report indicates US and EU stablecoin rules are gradually converging, signaling broader global policy alignment, source: @simplykashif. The report examines three trading-relevant areas: whether stablecoin issuers can access central bank settlement systems, whether stablecoins can be backed by central bank reserves, and whether issuers can receive liquidity support, source: @simplykashif. Market participants can monitor these three policy levers to gauge implications for stablecoin liquidity, redemption mechanics, and fiat on/off-ramp efficiency, source: @simplykashif.