CoinVoice has learned that, according to Jin Shi reports, the latest insiders state that the Bank of England has asked several banks to test their resilience to potential dollar shocks. This is the latest sign of how the Trump administration's policies are eroding trust in the U.S. as the cornerstone of financial stability.

According to those directly familiar with the situation, the Bank of England has asked several banks to assess their dollar financing plans and their level of dependence on the dollar.

Another insider mentioned that at one point, a global bank headquartered in the UK was asked to conduct stress tests, including scenarios where the dollar swap market could be completely exhausted.

An analyst stated that this reflects a new pattern, where trust in international cooperation seems to be breaking down. [Original link]