Source text: The Bank of England (BoE) is reportedly reconsidering its proposed restrictions on stablecoin holdings for companies, following significant industry pushback and international competition. The BoE initially suggested a £20,000 cap for individuals and £10 million for businesses to mitigate systemic risks from popular tokens like USDT and USDC. However, these limits have been criticized for potentially hindering crypto firms' operations reliant on stablecoins for trading and liquidity. BoE Governor Andrew Bailey, who has previously highlighted the financial stability risks posed by stablecoins, recently acknowledged their potential as an innovation. This shift comes as the global stablecoin market reaches approximately $314 billion, predominantly in U.S. dollar-pegged tokens, while pound-pegged stablecoins remain under $1 million in circulation. The reconsideration aligns with international developments, such as the U.S. GENIUS Act, which clarifies stablecoin regulations. Target language code: pt Translation instructions: This is the news article content. Please maintain the original meaning.