Bank of England Governor: Any stablecoin widely used in the UK in the future should be able to access central bank accounts

Bitget App

Trade smarter

Chaincatcher2025/10/01 10:23

Show original

ChainCatcher news, according to Golden Ten Data, Bank of England Governor Andrew Bailey stated that any stablecoin that is widely used in the UK in the future should be able to access the Bank of England's accounts in order to consolidate its monetary status.

Bailey also pointed out that stablecoins may help promote the transformation of the financial system from a commercial lending model.

Bank of England Governor: Any stablecoin widely used in the UK in the future should be able to access central bank accounts image 0

Risk Warning

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

New York Department of Financial Services updates crypto custody guidelines, emphasizing that client assets must be segregated from custodian bankruptcy risk

U.S. Supreme Court Rejects Trump's Request to Immediately Remove Federal Reserve Governor Cook