A big group of finance, tech, and digital experts wrote a letter to the UK government. They want the government to make Distributed Ledger Technology (DLT) a super important part of the UK-US Tech Bridge. This bridge is a project between the UK and US to work together on digital innovation, research, and policies, and to set common standards for things like data management, AI safety, and cybersecurity. This letter comes at a great time, as the UK is trying to become a leader in digital finance.
What the Letter Proposed
The letter basically says DLT is key to building the next generation of financial services. It’ll make payments faster and cheaper, improve how money flows, and make things more efficient overall. The letter highlights two important areas of DLT: tokenization and stablecoins. The UK and US, together, have a huge opportunity to create the world’s first transatlantic DLT framework. The UK handles a massive chunk of global currency trading, and the US is a huge center for money and digital asset innovation. By working together, they could really shape the rules of the digital economy. If they miss this chance, other places like the Middle East or Asia might take the lead. To make this happen, the letter suggests creating a joint testing ground with government support. This would help the UK become a top global center for digital finance innovation.
Altcoins to Watch
With the global shift towards crypto and stablecoins, crypto is set to dominate for decades to come. Smart investors are already looking at promising altcoins. Here are a couple:
Bitcoin Hyper ($HYPER)
Bitcoin is huge, but it’s slow. Bitcoin Hyper ($HYPER) is a Layer 2 solution built directly on the Bitcoin blockchain using the Solana Virtual Machine (SVM). This makes it much faster and cheaper, and it lets people use smart contracts and decentralized apps (dApps) on Bitcoin, bringing it into the Web3 and DeFi world. Its presale raised $15.5 million, and it’s predicted to see massive gains.
SUBBD Token ($SUBBD)
The content creation industry is massive, but traditional platforms take a huge cut. SUBBD Token ($SUBBD) offers a platform with low fees and AI tools to help creators make better content faster. Holding $SUBBD gives you access to exclusive content, personalized products, and the ability to tip creators. It also offers a fixed 20% staking return in the first year. Its presale raised $1.13 million, and it’s also predicted to grow significantly.