Stablecoin Growth Links Dollar Payments to Treasury Liquidity
A Bank of England policymaker says dollar stablecoins may widen access to dollar settlement while creating a two-way link with short-term Treasury markets.
A Bank of England policymaker says dollar stablecoins may widen access to dollar settlement while creating a two-way link with short-term Treasury markets.
The UK plans a secondary Bank of England objective for innovation in systemic payment systems, including those using stablecoins.
A Digital Pound Lab experiment is testing whether stablecoin and simulated digital-pound legs can be coordinated in one cross-border trade-finance flow.
The UK Retail Payments Infrastructure Board is seeking input on a next-generation platform spanning account-to-account, cross-border and digital-money payments.
The Bank of England dropped proposed individual and business holding limits for systemic stablecoins, replacing them with a temporary £40 billion issuance guardrail per product.