Long-established financial superpowers are starting to seriously discuss the value of stablecoin financial infrastructure; the cross-border payments “cake” is finally going to get cut into—worth watching the follow-up details.

Bijie.com news: The governments of the UK and the US have issued a joint statement on stablecoins, pledging to deepen cooperation between the two sides in capital markets and the digital assets space. They also believe that well-regulated stablecoins have the potential to improve the efficiency of the financial system, achieve the modernization of financial market infrastructure, and enhance the experience of cross-border payments and trading.