BOE governor Bailey signals softer approach to stablecoins
By Sofia Gerace ( October 1, 2025, 12:58 GMT | Insight) -- The governor of the Bank of England has softened his skepticism on the future of stablecoins, arguing that they can drive innovation in the payments system and can co-exist with the current financial system. Andrew Bailey wrote in an opinion piece that it would be wrong to be against stablecoins as a matter of principle.Bank of England governor Andrew Bailey has softened his skepticism on the future of stablecoins, arguing that they can drive innovation in the payments system and can co-exist with the current financial system. ...
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