Stablecoin Demand Likely To Wane, Says This Bank Of England Policymaker, ECB Executive Thinks They Could Deepen Dollar Dominance

Bank of England policymaker Megan Greene anticipated a decline in the popularity of stablecoins, according to a report published on Monday. BoE Executive Downplays Stablecoins Greene expected tokenized deposits to “probably take over” from stablecoins over the next five years, Reuters reported her comments from a conference in Croatia on Sunday.