cointelegraph
Bank of England governor says stablecoins could reduce reliance on banks
TL;DR
Bank of England governor mentioned that stablecoins could potentially reduce reliance on traditional banks, hinting at a shift in the financial landscape. This acknowledgment of stablecoins' role in the financial sector signals a growing acceptance of digital assets.
Summary
Bank of England governor mentioned that stablecoins could potentially reduce reliance on traditional banks, hinting at a shift in the financial landscape. This acknowledgment of stablecoins' role in the financial sector signals a growing acceptance of digital assets.
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