REGULATION · UK
Bank of England official warns on stablecoins and USD hegemony in historical context
Carolyn Wilkins, Bank of England official, delivered speech on money, power, and stablecoins, drawing historical lessons on U.S. dollar dominance and implications for private/tokenized currencies in modern financial system.
WHY IT MATTERS
BoE positioning stablecoin regulation within broader monetary policy and geopolitical framework; signals UK approach will combine anti-fragmentation stance with managed acceptance, influencing EU and global regulatory harmonization.
Source: Bank of England · 2026-09-15