The Block
The Block|Jun 22, 2026 10:21
THE BLOCK: Aave founder Stani Kulechov says the Bank of England's stablecoin framework still looks "designed to ensure that UK-based stablecoin issuers cannot succeed," despite welcome changes. His main objection: the rule requiring issuers to hold 30% of reserves in a non-interest-bearing account at the central bank.(The Block)
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