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2 sourcesTracking since 22 Jun, 08:49

Bank of England drops holding limits on sterling stablecoins, sets £40B cap

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22 June
Latest22 Jun, 10:46
Bank of England drops proposed holding caps for sterling stablecoins, sets £40 billion issuance guardrail
The Bank of England proposed a £40 billion systemic stablecoin issuance guardrail and revised backing assets, targeting a 2027 launch.
The Block•Brian Danga
First seen22 Jun, 08:49
Bank of England drops holding limits on sterling stablecoins, sets £40B cap
The BoE's new framework could boost sterling stablecoin adoption, enhancing UK financial innovation while ensuring systemic stability.
CryptoBriefing•Editorial Team