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0 sats \ 0 replies \ @KingZing 1 Jun 2022 \ parent \ on: Bank of England to take over collapsed stablecoin cryptocurrencies :-) bitcoin
UST is the one that collapsed. TUSD is a stable that has real time attested by third party audit firm, fully cash backed.
I am wondering if they are going to allow mass flow of stablecoins of all currencies or they are skipping CBDC in favor of a GBP stablecoin issued by retail institutions.