Sarah Breeden, Deputy Governor for Financial Stability, Bank of England
UK STABLECOIN KEY TAKEAWAYS
Temporary holding limits: £ 20,000 per individual, £ 10m per business
Launch or transition issuers may hold up to 95 % in government debt
Consultation open until 10 February 2026
Joint Bank of England-FCA approach document due in 2026
Regime targets retail payments and wholesale settlement stablecoins
Bank assessing credit risk from deposit outflows tied to digital money use
116 January 2026