Wire · regulatory
UK and US Agreed on a Joint Approach to Stablecoin Regulation
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Fusion42 · 15 July 2026 · Fusion42 review
The UK and US governments published a joint statement aligning stablecoin regulation, backing the use of stablecoins in cross-border payments and settlement, and requiring full 1:1 backing with liquid assets. Both countries committed to coordinated requirements on reserves, liquidity, and supervision whilst enabling cross-border issuer market access.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
If you issue stablecoins, you now have a regulatory green light in two major markets — but only if you hold 1:1 reserves and can prove it. This joint framework removes the ambiguity; the move to mutual market access means a UK-regulated issuer can now legally operate in the US without waiting for state-by-state approval.
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1 source · 15 Jul 2026
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