Dossier
revised backing assets
Coverage of revised backing assets in the Nexus archive.
- Bank of England drops proposed holding caps for sterling stablecoins, sets £40 billion issuance guardrail
The Bank of England proposed a £40 billion systemic stablecoin issuance guardrail and revised backing assets for sterling stablecoins, aiming for a 2027 launch. The plan drops previous holding caps for these stablecoins.