The bank said it will work with the Treasury, Payments Systems Regulator and the Financial Conduct Authority to also ensure the singleness of money is maintained even when stablecoins are involved. That is, making sure all forms of money – cash, bank deposits and so on – are interchangeable with each other.
Related posts
-
Stablecoin Frenzy: USDE Nears $6B as USD0 Rockets Past $1B in Market Supply
Over the past month, the stablecoin market has swelled... -
Whales Snap Up 30 Million XRP As Ripple Launches Its RLUSD Stablecoin
Este artículo también está disponible en español. XRP whales have been on a buying spree as... -
Why Is Ripple’s XRP Up? Price Prediction as RLUSD Stablecoin Debuts on Global Exchanges
Executive Interview with Tamas Szabo | Pepperstone | FMLS:24 Executive Interview with Tamas Szabo | Pepperstone...