Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

First reported September 15, 2026 by Cointelegraph · covered by 2 sources

Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government debt.

Bank of EnglandBoEUS Treasury

Sep 15, 2026 · byCointelegraph

Stablecoins could boost US dollar and Treasury demand: BoE

Dollar stablecoins have grown to about $300 billion in circulation, prompting a Bank of England policymaker to warn that their expansion could increase demand for US Treasurys while creating new risks during periods of heavy redemptions. Stablecoins could extend the…

Bank of EnglandBoE

Sep 15, 2026 · byCrypto.news