Bank of England Shows Openness to Stablecoins for Wholesale Payments
2 day ago / Read about 0 minute
Author:小编   

The Bank of England holds an open attitude towards the use of stablecoins in wholesale payments, while underscoring the paramount importance of financial stability. It aims to strike a delicate balance between fostering innovation and maintaining regulatory oversight. Among the policy measures being considered are easing reserve requirements in the retail sector and instituting a cap on the amount of stablecoins that individuals and businesses can hold, with the objective of mitigating potential deposit outflows.