The Bank of England plans to release draft rules for systemic stablecoins next month and finalize the framework by the end of the year. According to Deputy Governor Sarah Breeden, the central bank is also weighing alternatives to stablecoin holding limits, including temporary issuance caps, as it develops safeguards for digital payment tokens. Breeden said tokenization is a strategic priority for the Bank of England, and 16 institutions are preparing tokenized securities launches by the end of 2026. The update broadens the central bank’s digital asset agenda beyond stablecoin oversight to include the development of tokenized financial markets under a regulated framework.