29/05/2026
【🇬🇧 Bank of England Rethinks Stablecoin Rules】
The original proposal included limits on how much stablecoin individuals and businesses could hold, as well as a requirement for issuers to keep part of their reserve assets with the central bank.
However, industry feedback suggested that this approach would be too complex to implement in practice.
This sends an important signal:
Regulators are not trying to reject stablecoins.
They are looking for a more practical and enforceable compliance framework.
So what central banks truly care about is not simply whether stablecoins can be used.
It comes down to three questions:
📍 Are the assets backing the stablecoin safe enough?
📍 If there is a run, can users genuinely redeem their stablecoins back into real currency?
📍 If large amounts of money move from bank deposits into stablecoins, can the financial system remain stable?
For stablecoins to enter the mainstream financial system, the key is no longer just technology or scale.
It is whether the asset reserves, redemption mechanism, source of funds, and compliance structure behind them are clear.
For digital asset holders, the trend is becoming very clear:
The asset itself is becoming more important.
But the structure and explainability behind the asset are becoming even more important.