Bank of England (BOE) Says It Wants to Carry Out a Series of WCBDC, DLT and Stablecoin Experiments
The bank said it will work with the Treasury, Payments Systems Regulator and the Financial Conduct Authority to also ensure the singleness of money is maintained even when stablecoins are involved. That is, making sure all forms of money – cash, bank deposits and so on – are interchangeable with each other.