The U.S. Department of the Treasury and HM Treasury released recommendations on stablecoin activities and tokenized finance, alongside a UK government-supported industry report projecting that tokenization could add up to $44 billion to the UK’s annual economic output by 2035.
According to NS3.AI, the U.S. and UK recommendations also pointed to the creation of private sector-led groups to test cross-border use cases for tokenized assets.
The recommendations further said stablecoins should be backed at a minimum 1:1 ratio by high-quality liquid assets.
Tokenization Could Add Up to $44 Billion to UK Annual Output by 2035, Report Says
2026-07-14 20:16:29
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