Bank of England's Greene expects tokenised deposits replacing stablecoins

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Published: 1 hour ago

Bank of England official Megan Greene indicated that tokenised bank deposits could eventually replace stablecoins in digital payments infrastructure. She highlighted the potential for traditional banking systems to evolve through blockchain technology. This development could affect GBP pairs as it signals the UK's progressive stance on digital currency integration. Traders should monitor regulatory developments that could influence Sterling's competitiveness in digital finance markets.

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