Bank of England is at crossroads over the use of crytocurrencies and establishing a financial framework for transactions Bank of England is at crossroads over the use of crytocurrencies and establishing a financial framework for transactions A stablecoin, like the name suggests, is a type of cryptocurrency that is supposed to have a stable value, such as US$1 per token. How they achieve that varies: the largest, such as tether and USD Coin, are effectively banks. They hold large reserves in