The Bank of England has laid out new regulatory proposals for systemic stablecoins in a discussion paper released on November 10, 2025. These measures aim to enhance the stability and security of the stablecoin market amid growing concerns over financial risks associated with digital currencies, as stated in the official source.
Guidelines for Systemic Stablecoins
According to the proposed guidelines, issuers of systemic stablecoins are required to back their outstanding tokens with high-quality liquid assets. This move is intended to ensure that stablecoins maintain their value and can withstand market fluctuations.
Liquidity Requirements
Furthermore, the Bank mandates that at least 40% of the liabilities must be held as unremunerated deposits at the central bank. This requirement is designed to bolster the liquidity of stablecoin issuers and provide a safety net for users.
Per-Coin Holding Limits
Additionally, the proposal includes a per-coin holding limit of £20,000 for individual users, while financial institutions will be exempt from these caps. This distinction aims to facilitate broader access to stablecoins for retail investors while maintaining a level of oversight for larger financial entities.
The recent proposals by the Bank of England regarding systemic stablecoins highlight the ongoing evolution in digital asset regulation. In contrast, the proposed CLARITY Act aims to clarify the roles of the CFTC and SEC in overseeing digital commodities in the U.S.
