Experts say Britain's digital gilt pilot can unlock trapped liquidity in financial markets only if regulators approve an onchain stablecoin. Britain’s plan to issue its first tokenized sovereign bond by early 2027 hinges on solving on-chain cash settlement, a problem that has impeded institutional use of digital bonds for years. Industry experts say the initiative likely has enough backing from the Treasury, Bank of England and regulators to survive recent political upheaval, and could boo…
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