Stablecoins Reference Guide, Association du Paiement
October 2026Hubert de Vauplane contributed to Le guide de référence Stablecoins, a white paper from the Association du Paiement (Payment Association) examining the fundamentals, uses, and regulatory framework of stablecoins.
The guide discusses topics including the EU Markets in Crypto-Assets Regulation (MiCA), its interaction with payment services rules, and the mechanisms connecting traditional currencies and crypto-assets.
Presented in a question-and-answer format with expert insights, the white paper explores applications in cross-border payments, corporate treasury management, and merchant payments, alongside associated risks. It also considers developments outside Europe and emerging uses such as programmable payments, highlighting the potential for stablecoins to complement existing payment methods.