DUBROVNIK, Croatia, May 31 : The popularity of stablecoins could soon fade, replaced by tokenised deposits, or digital versions of traditional bank deposits, Bank of England policymaker Megan Greene said on Sunday, even as some colleagues took a different view.Stablecoins, which are crypto assets designed to

DUBROVNIK, Croatia, May 31 : The popularity of stablecoins could soon fade, replaced by tokenised deposits, or digital versions of traditional bank deposits, Bank of England…

The Bank of England predicts tokenized bank deposits will eventually replace stablecoins, as it prepares draft rules for systemic stablecoins by June 2026.

US Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins can expand the reach of US policy while the Bank of England's Megan Greene sees their…

Bank of England policymaker Megan Greene anticipated a decline in the popularity of stablecoins, according to a report published on Monday.