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Remunerated stablecoin backing assets win support from BOE policy committee

By Phoebe Seers and Sofia Gerace ( July 9, 2025, 12:37 GMT | Insight) -- An expected UK move to allow stablecoins that are widely used for everyday payments to receive some remuneration on their backing assets has won the backing of the Bank of England committee dedicated to financial stability. In a report today, the central bank's Financial Policy Committee said there are financial stability benefits of having a regulatory framework that is “proportionate to risks” and allows for “some degree” of alignment with other jurisdictions.The Bank of England committee dedicated to financial stability has thrown its support behind an expected move to allow stablecoins that are widely used for everyday payments to receive some remuneration on their backing assets....

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