Techub News: The International Monetary Fund (IMF) has released a report titled 'Understanding Stablecoins'. The report shows that the issuance of stablecoins has doubled over the past two years, reaching approximately 300 billion USD, but only accounts for 7% of the total market value of crypto assets. The report points out that stablecoins are mainly used for cryptocurrency trading settlements, but cross-border payment applications are growing rapidly. Currently, USD-dominated stablecoins are quickly penetrating emerging markets and developing economies, which may weaken central banks' control over domestic liquidity and interest rates. The IMF recommends that countries establish legal frameworks to prevent stablecoins from gaining 'legal tender' or 'official currency' status, thereby safeguarding financial sovereignty.