UK-US Joint Statement on Stablecoins

The UK and US governments have jointly affirmed a regulatory framework for stablecoins designed to enable cross-border payments, capital markets settlement, and financial innovation whilst maintaining financial stability and consumer protection. The statement commits both jurisdictions to harmonised prudential standards, fair access to banking services, and timely redemption guarantees, whilst avoiding fragmentation and excessive reserve requirements that would impede competition. If you're building stablecoin payments or settlement infrastructure, two of the world's largest capital markets just jointly committed to not hobble you with fragmented rules or punitive reserve requirements. You now have a clear pathway to operate across the Atlantic without choosing sides.