"Our banknotes serve as repositories of the country's collective memory, promoting awareness of the United Kingdom's glorious history and highlighting the contributions of its greatest citizens", Carney said.
The 10-pound note will be made of the same material as the recently released 5-pound note, which means it also contains some animal fat.
Criado-Perez gathered 35,000 signatures when the Bank of England announced that it would replace Elizabeth Fry on the £5 note with Winston Churchill, meaning women were totally unrepresented. The 19th-century novelist introduced satire and romance in the Victorian lifestyle in her milestone works such as Emma, Pride and Prejudice and Sense and Sensibility.
The new note is smaller than the old £10 and will be "safer, stronger and cleaner", according to the Bank of England.
"Today's new 10-pound note allows us to powerfully demonstrate the impact of inflation over time", said Alistair McQueen, Aviva's head of saving and retirement. The quote goes like this, "I declare after all there is no enjoyment like reading!" and fans feel let down by the selection of this particular quote since Catherine doesn't have an interest in books.
The new currency is not without controversy.
"The new 10 pound note celebrates Jane Austen's work". It is also the first Bank of England note to have a feature to help visually impaired people.
Carney said that the quote was quintessential Austen: It could be read straight or enjoyed ironically.
A portrait of Jane Austen commissioned by James Edward Austen Leigh (Jane Austen's nephew) in 1870, adapted from an original sketch of Jane Austen drawn by her sister, Cassandra Austen.
Those holding the current 10-pound note, which features Charles Darwin, have only until the spring 2018 before they are withdrawn. The bills used a tallow, or hard, fatty substance usually made from rendered meat, as part of their base.
The new £10 note will be issued on 14 September 2017 and the public will begin to see them in the following days and weeks as the notes leave cash centres around the country and enter general circulation.