**[UK-US Joint Statement: Plan to Apply Stablecoins in Cross-Border Finance]** BlockBeats News, July 15 — The UK and US issued a joint statement on stablecoins, stating that, as reflected in the UK-US "Transatlantic Future Markets Working Group," the governments of the United Kingdom and the United States are committed to deepening cooperation in capital markets and digital assets to ensure that digital financial innovation strengthens rather than fragments the transatlantic financial market system. Both governments believe that well-regulated stablecoins have the potential to enhance the efficiency and competitiveness of the financial system, modernize financial market infrastructure, and improve the experience of cross-border payments and transactions. At the same time, both governments recognize that in a financial ecosystem comprising various forms of currency, it is crucial to promote competition and innovation, maintain financial stability, protect consumer rights, and uphold public confidence in the monetary system. [Original Link]