TechFlow news, the National Natural Science Foundation of China has released the 3rd issue of its 2025 Emergency Management Project titled "Research on Global Stablecoin Risk Governance and Cross-border Collaborative Regulatory Systems," which points out that stablecoins—digital assets designed to peg the value of fiat currencies or specific assets—have become a core bridge linking traditional finance and the crypto ecosystem due to their potential for efficient cross-border liquidity, posing profound challenges to the current international monetary system and global financial regulatory framework.
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