币界网报道：The International Monetary Fund (IMF) has highlighted unresolved challenges in stablecoin regulation, emphasizing the need for clear legal frameworks to address risks in cross-border payments and financial stability. In a recent report, the IMF noted that while stablecoins offer potential benefits like faster and cheaper transactions, their rapid growth raises concerns about monetary policy interference, capital flow volatility, and consumer protection. Key issues include determining which authorities should oversee stablecoins, how to manage reserve assets, and ensuring interoperability across jurisdictions. The IMF urged global coordination to prevent regulatory arbitrage and maintain financial stability, suggesting that some countries may need to impose restrictions or outright bans if risks outweigh benefits. The report also pointed out the complexities of applying existing financial regulations to stablecoins, given their hybrid nature as both payment instruments and investment vehicles.