Breeden: Bank of England in no hurry to introduce a digital pound

Sarah Breeden says that stablecoins and tokenised deposits could offer the benefits of a CBDC to retail customers, as the Bank of England nears its 2026 decision Sarah Breeden , Deputy Governor for Financial Stability at the Bank of England (BoE/The Bank), has said that the UK may not need a digital pound for retail users “that quickly”, as private forms of digital money could offer the same benefits. Breeden made these remarks during an Atlantic Council event on the sidelines of the annual meetings of the International Monetary Fund (IMF) and the World Bank in Bangkok.