Future of cryptocurrencies and stablecoins

Bank of England Governor Andrew Bailey on the future of cryptocurrencies and stablecoins

On September 3, the Hutchins Center on Fiscal & Monetary Policy at Brookings hosted Andrew Bailey, Governor of the Bank of England, to discuss how these trends are evolving and the growing role of stablecoins, which are cryptocurrencies linked to the price of some stable asset or basket of assets.

The Governor’s remarks start at around six minutes and the transcript can be found here: Reinventing the Wheel (with more automation).

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