The U.S. and Britain Want Stablecoins to Cross the Atlantic. The Passport Is Still Missing

The U.S. and Britain Want Stablecoins to Cross the Atlantic. The Passport Is Still Missing


The U.S. Treasury building in Washington, D.C., with the Washington Monument in the background. image By Isaac • July 14, 2026 5:14 pm •

Washington and London have agreed on what a trustworthy stablecoin should look like. They still have not agreed that a coin approved on one side of the Atlantic can simply operate on the other.

That gap is the most important part of the new U.S.-UK plan for digital finance.

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The two governments want stablecoins to move through cross-border payments, settlement systems and capital markets with less friction. They also want tokenized securities to develop under compatible rules.

But the document released Tuesday is a roadmap, not a passport.

The U.S. Treasury Department said the Transatlantic Taskforce for Markets of the Future had delivered recommendations covering digital assets, tokenized finance, securities regulation and cross-border capital raising.

The

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