UK and US Agreed on a Joint Approach to Stablecoin Regulation

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. 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.