US and UK Forge Crypto Alliance: Will Stablecoins Rule the World?
On a rather ordinary Tuesday, UK Chancellor Rachel Reeves, in her usual diplomatic charm, met US Treasury Secretary Scott Bessent in the foggy, somewhat dreary streets of London. What came of this conversation, you ask? Oh, just a plan to tighten their grip on the cryptocurrency sector, with a special focus on those stablecoins that everyone seems to be raving about. The heavy hitters of the crypto world were in tow – Coinbase, Circle, and Ripple were all there, as well as the bankers from Citigroup, Bank of America, and Barclays who surely whispered sweet nothings about “innovation” and “opportunity.”







