Post by Digital South Trust

U.S.-UK Stablecoin Framework: Cross-Border Payments, #Crypto Regulation and #Tokenized Finance The United States and the United Kingdom have issued a joint statement outlining a shared approach to stablecoins, #Crypto assets and cross-border financial innovation. Main points • #Stablecoins are recognized as an important form of digital money with potential use in cross-border payments, settlement and capital markets. • Both countries intend to support the growth of well-regulated stablecoins, tokenized deposits and other digital-money instruments. • Stablecoins presented as money should be backed at least 1:1 by high-quality, liquid reserve assets. #Stablecoins #Crypto #Cryptocurrency #DigitalAssets #Bitcoin #Blockchain #CryptoRegulation #StablecoinRegulation #Tokenization #TokenizedAssets #DigitalPayments #CrossBorderPayments #FinancialInnovation #FinTech #USUK #CapitalMarkets #Web3 #DigitalMoney