US and UK unveil joint plan for cross-border regulated stablecoins
2h ago•
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🇺🇸🇬🇧 US and UK regulators set up joint plan for cross-border $USDT stablecoins.
🔒 One-to-one reserves, asset segregation, and clear redemption rights required.
🌍 The plan supports stablecoins in payments, settlements, and tokenized markets.
🛡️ Both countries aim for similar outcomes, not identical rules, to boost competition.
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