Bank of England governor says stablecoins could reduce reliance on banks

Oct 1, 2025 - 07:45
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Bank of England governor says stablecoins could reduce reliance on banks

Bank of England governor says stablecoins could reduce reliance on banks

Bank of England Governor Andrew Bailey said stablecoins could thrive in a system that separates money from credit, reducing the UK’s reliance on commercial banks.

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