Bank of England Softens Stablecoin Stance: $50B Issuance Cap Signals UK Wants Real-Scale Digital Sterling
The BoE is moving from restrictive per-holder stablecoin caps toward a $50B system-level issuance ceiling — a structural green light for real-scale digital sterling that benefits Circle (CRCL), Coinbase (COIN), and ETH liquidity, while mechanically boosting demand for short-dated UK gilts.