The central bank has replaced these limits with a cap on the total issuance of individual stablecoins at 40 billion pounds ($52.9 billion). For comparison, analytical data shows that the market capitalization of all pound-backed stablecoins is $31.8 million. The Bank of England has also allowed issuers to hold 70% of their backed assets in short-term government bonds with maturities of up to 6 months. The remaining 30% must be kept in a bank deposit, which is lower than the previous proposal of 40%. At the same time, the central bank confirmed the ban on paying interest on systemic stablecoins. However, the bank allows for rewards based on activity as a means of payment. The Bank of England considers tokens that are widely used in payments and could pose risks to the country's financial stability as systemic stablecoins. The central bank emphasizes that other stablecoins, such as USDT and USDC, will remain under the exclusive supervision of the Financial Conduct Authority.