Bank of England Governor: Stablecoins (market) may foster a funding system distinct from credit
Jinse Finance reported that Bank of England Governor Bailey stated that stablecoins (markets) could foster a funding system distinct from credit, thereby reducing the UK's reliance on commercial banks. (Financial Times)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pacifica's trading volume reached $1.75 billion in the past 24 hours, ranking first on the Solana network.
OpenAI completes share sale, reaching a record valuation of $500 billions
Thailand's cryptocurrency ETF will drive expansion beyond Bitcoin to other assets
Citi raises its year-end 2025 Ethereum price forecast to $4,500
Trending news
MoreCrypto prices
More
