Stablecoins to Send Bankers Into a Frenzy? Bank of England Has Thoughts!
Picture, if you will, a coin, noble in intent, tied by the ankle to the mighty US dollar and promising to hold its value as firmly as a Parisienne clutches her purse in a crowd. Yet our Governor frets: If the rabble adopts these stablecoins, will the financial system wobble like a courtier after too much wine?