Techub News reports that Sarah Breeden, Deputy Governor of the Bank of England, stated that the central bank is considering alternatives to setting a holding limit to manage stablecoin risks. The proposed holding restriction aims to prevent large-scale deposit outflows from banks to stablecoins, which could suppress lending activities and weaken credit access for businesses and households. "We propose holding limits as a risk management measure, and we welcome suggestions for other feasible solutions. But as a financial stability regulator, ensuring that credit supply to UK businesses and households does not experience a sharp decline should be your basic expectation of us."

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