Bank of England ‘open minded’ on use of stablecoins in wholesale markets
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Bank of England eyes stablecoins for wholesale payments, tokenization - Ledger Insights - blockchain for enterprise
The Bank of England outlined a notably progressive position on digital innovation this week, with Executive Director Sasha Mills saying the institution would be “open minded” about using stablecoins for wholesale payments. The stance contrasts sharply with a BIS report last week that classified stablecoins as unsound money. Mills emphasized that financial stability remains paramount, […] The post Bank of England eyes stablecoins for wholesale pa…
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