What happens when a stablecoin becomes important enough to be treated like financial infrastructure?This video explains the Bank of England's June 2026 policy statement and consultation on sterling-denominated systemic stablecoins.The framework matters because it shows how the UK plans to let sterling stablecoins scale while protecting trust in money, payments, credit provision, and financial stability.Main points covered:- Why systemic stablecoins sit between payments innovation and financial stability regulation- How the Bank of England and FCA roles fit together in the UK stablecoin regime- The shift from the earlier 60/40 reserve proposal to a 70/30 backing asset framework- Why short-term UK government debt and Bank of England deposits matter for redemption confidence- The replacement of individual holding limits with a temporary GBP 40 billion issuance guardrail- What the draft Code of Practice means for issuers, safeguards, liquidity, and wind-down planning- Why the Bank is trying to balance market entry, competition, and systemic risk controlsSource:Bank of England, "Sterling-denominated systemic stablecoins: Policy statement and consultation on draft Code of Practice," published 22 June 2026.https://www.bankofengland.co.uk/paper/2026/ps/sterling-denominated-systemic-stablecoinThis content is provided for research and educational purposes only. It is not legal, financial, or investment advice.#Stablecoins #BankOfEngland #FinTech #DigitalMoney #Payments #FinancialStability #CryptoRegulation #UKFinTech #CentralBanking