4E: The UK and US plan to deepen cooperation on encryption, Google AI integrates stablecoin into payment agreements

ChainCatcher news reports that, according to 4E observations, the UK and the US are about to announce closer cooperation in the field of digital assets, covering stablecoin regulation and cross-border capital market coordination. UK Chancellor of the Exchequer Jeremy Hunt met with US Treasury Secretary Janet Yellen on Tuesday to discuss promoting transatlantic cooperation to expand UK companies' access to US capital markets.

Meanwhile, Google has launched a new AI payment protocol, as reported by Fortune, aimed at achieving seamless fund transfers between AI applications. This protocol not only supports traditional payment methods but also integrates stablecoin functionality pegged to the US dollar. To ensure compatibility, Google has collaborated with Coinbase and the Ethereum Foundation and consulted over 60 institutions, including Salesforce, American Express, and Etsy. This move is seen as an extension of the AI agent communication standards proposed by Google in April and reflects the tech giant's accelerated exploration of stablecoin applications against the backdrop of a friendlier US policy environment.

In terms of capital movements, Cathie Wood's Ark Invest has once again increased its holdings in Bullish (BLSH) by 161,183 shares on September 16, valued at approximately $8.279 million, with ARKK and ARKW increasing their holdings by 120,609 shares and 40,574 shares, respectively.

Additionally, Bitwise has submitted an ETF application to the SEC focused on stablecoins and tokenization, expected to launch as early as the end of November. This product will focus on assets benefiting from the development of stablecoins and tokenization, continuing its previously submitted AVAX ETF application. SEC Chairman Paul Atkins recently emphasized that tokenized securities will become a regulatory focus, and the Federal Reserve will hold related meetings next month.

4E reminds investors: The policy framework and actions of tech giants are jointly driving the narrative around stablecoins and tokenization, but the short-term market rhythm remains constrained by the macro environment and liquidity. It is recommended to pay attention to the trends in institutional ETFs and the progress of cross-border regulatory cooperation.

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