BEING TESTED · Money / Stablecoins / Infrastructure
Stablecoins Move Toward Market Settlement Infrastructure
Eligible sandbox firms may apply to use qualifying stablecoins for settlement, subject to requirements and case-by-case assessment.
Source
Bank of England · Source updated:
Signal reviewed:
https://www.bankofengland.co.uk/financial-stability/digital-securities-sandbox/digital-securities-sandbox-dashboardWhy Future Owned cares
Digital securities raise a further question: what money settles the transaction, and who controls that layer? Permission to apply is not universal adoption.
- What is settlement money?
- How do stablecoins differ from deposits and CBDCs?
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