Woofun AI reports that the United Kingdom and the United States issued a joint declaration on July 15 regarding stablecoin policy. The statement outlines a commitment to deepen collaboration within capital markets and the digital asset sector through the UK-US Future Market Cross-Atlantic Taskforce.

Both administrations assert that properly regulated stablecoins can improve financial system efficiency, modernize infrastructure, and streamline cross-border transactions. The joint effort aims to prevent fragmentation of the transatlantic financial system while promoting innovation, maintaining stability, and protecting consumer rights within a multi-currency ecosystem.