Writing in the Financial Times (paywall), the Bank of England says stablecoins & CBDCs will make payments efficient and global. 

Innovate, tokenisation, efficiency, global: lame reasoning obfuscated by jargon.

The real reasons (not mentioned):
- stablecoins can hugely increase sovereign debt markets
-CBDCs can greatly increase surveillance & control https://image.nostr.build/6b416d1828dda5aa616be3994991eac061819c2b0bd18223c94a401cc51414d4.jpg  

 Didn't see a paywal... https://archive.is/8TQRo 

 Many thanks!