Bank of England governor says stablecoins could reduce reliance on banks

October 1, 2025 at 02:30 PMCointelegraph⚪ neutral

Bank of England governor says stablecoins could reduce reliance on banks

October 1, 2025 at 02:30 PM• Cointelegraph⚪ neutral

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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Cointelegraph

Published

October 1, 2025 at 02:30 PM

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⚪ neutral

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Article

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