BoE Governor Andrew Bailey Warns Adoption of Stablecoins Threatens Central Bank

As the adoption of stablecoins slowly takes over, stewardship and proper regulation become a priority to maintain economic harmony. Bank of England (BOE) Governor Andrew Bailey seems to think the same. Bailey has cautioned that the adoption of digital currencies, including stablecoins, could upset the economic applecart if proper regulation isn’t implemented. Per remarks given source: https://99bitcoins.com/news/boe-governor-andrew-bailey-warns-adoption-of-stablecoins-threatens-central-bank/