Stablecoins – a Problem of Liquidity, not Solvency

Bazil Sansom, a Research Fellow at Warwick Business School, has written a useful summary of the UK’s stablecoin challenge for Finextra. Over the last few weeks, both the Governor and Deputy Governor of the Bank of England (the Bank) have spoken about the future of money in the UK in a number of forums. A new stablecoin consultation has also just been opened.