Exploring the public blockchain

The Big Picture The world is living through a tectonic shift in digital finance. Block-chains are no longer “parallel” systems; they are being bolted directly on to the machinery of traditional money. Out of this fusion have emerged three new asset classes: central-bank digital currencies, private stable-coins and on-chain claims on real-world assets (RWA). Together they are redrawing the map of money itself. China’s response is unique. Instead of choosing “permission-less innovation” or “bla...

1. 11/10/25 – The Day Threadneedle Street Embraced Stablecoins BoE’s final paper lets systemic GBP stablecoins park ≤ 60 % of reserves in short-dated U.K. gilts, cap retail wallets at £20 k and corporate treasuries at £10 m. Governor Bailey—once the high-priest of “un-backed crypto has no intrinsic value”—signed off with a velvet caveat: “Trust in money is non-negotiable; innovation must queue behind it.” Translation: London will green-light fintech, but keep a choke-collar under the City’s m...