US, UK Central Bankers Offer Contrary Views on Stablecoins

Stablecoin demand may soon fade, BoE's Greene says

Bank of England policymaker Megan Greene predicted stablecoins will be superseded by tokenised deposits within five years, as commercial banks recognise the threat to their deposit base. For tech and fintech managers, this signals that enterprise payment infrastructure bets should weight tokenised deposits over stablecoin rails — while regulatory pressure on stablecoins tightens on both sides of the Atlantic.