Woofun AI reports that the US-UK Transatlantic Future Markets Working Group issued a joint statement advocating for regulated stablecoins to improve financial system efficiency. The group urges the Bank of England, FCA, CFTC, and SEC to develop frameworks for tokenized assets and explore cross-border financing options. The statement emphasizes custody standards, reserve isolation, and clear bankruptcy claims for stablecoin holders, coinciding with the one-year anniversary of the GENIUS Act, with Fed Chair Kevin Warsh noting rules are being introduced ahead of the July 18 deadline.