-2.55% Bitcoin (BTC) 92617.3 EUR
-2.37% Ethereum (ETH) 3339.84 EUR
-3.73% Litecoin (LTC) 78.67 EUR
-3.70% B-Cash (BCH) 435.89 EUR
+0.22% Ethereum (ETH) 0.0364307 BTC
-1.04% Litecoin (LTC) 0.00085951 BTC
-0.65% B-Cash (BCH) 0.00473387 BTC
-2.23% Bitcoin (BTC) 109321.6627 USDC
-0.39% USD Coin (USDC) 0.85 EUR
-3.23% Chainlink (LINK) 15.09 EUR
-0.90% Chainlink (LINK) 0.00016282 BTC
-3.82% Dogecoin (DOGE) 0.16 EUR
-1.12% Dogecoin (DOGE) 0.00000176 BTC
-4.35% Uniswap (UNI) 5.43 EUR
-1.68% Uniswap (UNI) 0.00005888 BTC
-3.41% Cardano (ADA) 0.55 EUR
-0.98% Cardano (ADA) 0.00000603 BTC
-1.82% Tron (TRX) 0.27 EUR
+1.02% Tron (TRX) 0.00000295 BTC
-3.24% Shiba Inu (SHIB) 0.00000864 EUR
-8.04% Zcash (ZEC) 180.44 EUR
0.00% Zcash (ZEC) 0.0004242 BTC
0.00% TradeFlow (TFLOW) 0.12216892 BUSD
-2.73% Arbitrum (ARB) 0.3165 USDC
-2.98% Chainlink (LINK) 17.47 USD
-3.08% Chainlink (LINK) 17.42001 USDC
-4.10% Uniswap (UNI) 6.298 USDC
-4.38% Ondo (ONDO) 0.62 EUR
-4.19% Ondo (ONDO) 0.72764 USDC
-2.75% Gala (GALA) 0 EUR
-2.28% Gala (GALA) 0.01114 USDC
-6.97% Wormhole Token (W) 0.06 EUR
-6.61% Wormhole Token (W) 0.0748 USDC
-2.91% Chiliz (CHZ) 0.02 EUR
-2.76% Chiliz (CHZ) 0.03342 USDC
-4.00% Sand (SAND) 0.17 EUR
-3.61% Sand (SAND) 0.2077 USDC
-7.60% Aave (AAVE) 191.28 EUR
-7.18% Aave (AAVE) 224.37 USDC
-2.36% Curve DAO (CRV) 0.46 EUR
-2.08% Curve DAO (CRV) 0.5397 USDC
-1.97% Immutable X (IMX) 0.44 EUR
-1.84% Immutable X (IMX) 0.5167 USDC
0.00% Skale (SKL) 0.07 USDC
-10.53% Beam (BEAM) 0 EUR
-10.36% Beam (BEAM) 0.00544 USDC
0.00% Axelar (AXL) 1.05 USDC
-3.87% Livepeer Token (LPT) 4.26 EUR
-3.52% Livepeer Token (LPT) 4.987 USDC
-5.20% Compound (COMP) 28.58 EUR
-4.54% Compound (COMP) 33.46 USDC
-7.95% Coti (COTI) 0.03 EUR
-5.14% Coti (COTI) 0.035 USDC
0.00% Portal (PORTAL) 1.1 USDC
-5.42% Sushi (SUSHI) 0.45 EUR
-5.29% Sushi (SUSHI) 0.5261 USDC
-4.70% Pepe (PEPE) 0 EUR
-4.45% Pepe (PEPE) 0.00000686 USDC
-7.04% Optimism (OP) 0.36 EUR
0.00% Polygon (MATIC) 0.2 EUR
-5.32% Solana (SOL) 158.1 EUR
-2.13% Solana (SOL) 0.0017083 BTC
-3.00% Solana (SOL) 0.04741 ETH
-0.33% USD Coin (USDC) 0.74 GBP
0.00% USD Coin (USDC) 1 USDT
0.00% USD Coin (USDC) 145.58 JPY
0.00% USD Coin (USDC) 4.25 PLN
0.00% USD Coin (USDC) 10.93 SEK

Bank of England Governor Touts CBDCs Over Stablecoins: Report

11-24-2021

The governor of the Bank of England (BoE), Andrew Bailey, said that exploring a central bank digital currency (CBDC) would be better for financial stability than asset-backed stablecoins, which the banking chief said he was “skeptical” about.
 
Speaking at a House of Lords’ Economic Affairs Committee on Tuesday, Bailey said a CBDC would be a better alternative than evolving towards “some world of (asset-) backed stablecoins which has money-like features which could be regulated.”
 
Bailey told the Lords Committee the BoE would not be moving into the retail bank account business through a CBDC, adding that it was not a monetary policy tool either, according to the report.
 
The BoE, like many central banks around the world, has published research and discussed a move to CBDCs of some sort or the other. Recently, the Swiss central bank said it was technically ready to deploy a wholesale CBDC for interbank payments, but eschewed a specifically retail-focused CBDC.
 
It’s not the first time BoE’s Bailey has called for stablecoins to come under scrutiny; indeed, it’s something of a recurring theme.
 
Source: Coindesk