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

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.

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