U.S. and UK Back Cross-Border Stablecoins Under Joint Regulatory Plan

U.S. and UK regulators plan clearer cross-border access for stablecoins approved in either jurisdiction. One-to-one reserves, asset segregation, and clear redemption rights anchor the joint regulatory framework. The plan expands stablecoin use across payments, securities settlement, and tokenized financial markets. Regulators favor comparable outcomes over identical rules to lower costs and protect market competition. The [...]

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