IMF Report Highlights Stablecoins' Potential in Cross-Border Payments

The International Monetary Fund (IMF) has released a report indicating that stablecoins could revolutionize cross-border payments by enabling faster and more cost-effective global transfers. According to Odaily, the IMF is collaborating with international regulatory bodies to develop a policy framework that supports the adoption, trust, and long-term stability of the ecosystem. The report also emphasizes the role of stablecoins in fostering the growth of tokenized assets.