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The Independent UK
The Independent UK
Henry Saker-Clark

UK can ‘reap the benefits’ of stablecoins in finance, says Bank governor

The governor of the Bank of England Andrew Bailey (Jordan Pettitt/PA) - (PA Wire)

The governor of the Bank of England has said the UK should “reap the benefits” of stablecoins as part of the country’s financial system.

Andrew Bailey said it would be “wrong to be against stablecoins as a matter of principle” amid broad debate over the future of money.

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