The United States and the United Kingdom are working closer together to promote the adoption of stablecoins, marking the Trump administration’s latest step in promoting the cryptocurrency, which is primarily pegged to the U.S. dollar
The United States and the United Kingdom are working closer together to promote the adoption of stablecoins, marking the Trump administration’s latest step in promoting the cryptocurrency, which is primarily pegged to the U.S. dollar. According to a set of recommendations jointly released on July 14, the two countries are working to create a "clear compliance path" for stablecoins issued in either jurisdiction.