Bank of England Removes Stablecoin Holding Caps but Maintains £40 Billion Issuance Limit
The Bank of England has removed per-user holding caps for stablecoins, replacing them with a single issuance limit of £40 billion ($52.9 billion) to protect the financial system while allowing free transactions. The move responds to industry concerns and regulatory feedback but leaves the UK as one of few major economies capping domestic-currency stablecoin supply.
