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Morning Edition · Wednesday, September 16, 2026Published at 1:44 AM EDT · New York
Bank of England Official Says Stablecoin Growth Adds Treasury Demand and Redemption Risk
Dollar stablecoins in circulation now stand at about $310.66 billion, and Tether alone accounts for $183.27 billion of that total.
A Bank of England policymaker said the expansion of dollar stablecoins, which crypto.news reports at about $300 billion in circulation, could increase demand for US Treasury securities while introducing new risks during periods of heavy red…
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Race to Bank and Distribute Stablecoin Reserves
Over 3-6 months, established financial and payments firms compete to custody stablecoin reserves and embed stablecoin rails into cross-border settlement, institutionalizing the plumbing beneath stablecoins.
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