The Bank of England is contemplating imposing limits on stablecoin holdings for individuals and businesses, according to Deputy Governor Sarah Breeden. The proposed measures aim to prevent the widespread adoption of stablecoins from impacting bank deposits and, consequently, the financing capacity of the real economy. This move reflects growing concerns about the potential systemic risks posed by stablecoins to traditional financial systems.
Bank of England Considers Limits on Stablecoin Holdings
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