Bank of England policymaker Megan Greene sent a chill through crypto markets last weekend. Speaking at a conference in Dubrovnik, Croatia, she declared that the surge in stablecoin popularity could prove short-lived. Tokenised deposits from traditional banks, she argued, stand ready to claim the crown. “I think tokenised deposits are probably going to take over from stablecoins and five years from now, I suspect we might wonder why we were talking about stablecoins,” Greene told the gathering on May 31. Reuters reported her remarks in detail. The comments landed just as total stablecoin market capitalization hovers near $320 billion, according to on-chain data tracker DefiLlama. Tether’s USDT still commands the largest slice with $188.18 billion. Circle’s USDC follows at $75.89 billion. USDT holds 58.77 percent dominance. Yet recent weeks show modest contraction. The overall supply slipped 0.85 percent over seven days. Issuance had already leveled off in prior months.…