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

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.

The ECB warns stablecoins threaten financial stability and monetary policy, pushing tighter regulation under MiCAR and advancing its digital euro project.

ECB Executive Board member Isabel Schnabel compared stablecoins to money market funds, warning of run risks, fire sales and weaker monetary control.