Deep Tide TechFlow News, March 24 — According to Cointelegraph, the Financial Stability Board (FSB) warned in its 2025 annual report that USD-denominated stablecoins circulating across multiple jurisdictions may pose "more severe" financial stability risks to emerging markets and developing economies, including specific issues such as currency substitution, reduced use of local payment systems, decreased effectiveness of domestic monetary policy, fiscal resource pressures, and circumvention of capital flow controls.

The FSB also pointed out that the application of stablecoins and crypto assets in the real economy sectors such as payments remains very limited, and urged regulators to continuously monitor the associated risks with core financial markets. Furthermore, the FSB will focus on digital innovation in crypto assets, monitoring vulnerabilities of stablecoins, and cross-border payments in 2026.