[Sarah Breeden: Tokenization Can Reduce Payment Costs and Improve Efficiency] According to Cointelegraph, Bank of England Deputy Governor Sarah Breeden stated that tokenization can lower payment costs, accelerate settlement speeds, and enhance the efficiency of financial markets, but it is essential to maintain trust and interoperability. She mentioned that central bank money will continue to serve as the 'anchor' of the monetary system, supporting the parallel development of tokenized deposits, regulated stablecoins, and retail CBDCs. The Bank of England has also proposed extending the operating hours of its core settlement system to nearly 24/7 to meet the demands of cross-border payments and securities settlements.