Der „Schattendollar“ gewinnt: Warum der IWF Angst vor Stablecoins hat

tldr; The IMF is alarmed by the rapid adoption of stablecoins, which are digital tokens backed by US Treasuries, as they threaten traditional banking systems and local currencies in emerging markets. Stablecoins are increasingly used for cross-border transactions, with adoption surging in high-inflation economies. While the US dollar’s dominance is reinforced, it happens through privatized digital dollars issued by companies like Tether and Circle. The IMF warns of regulatory fragmentation and risks to monetary policy, but the market favors stablecoins for their efficiency.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

thing is that it’s so easy to beat the real dollar

IMFs own report on Stablecoins does not say this. They actually promote the usage of stablecoins while at the same time noting the risks involved such as fragmentation

It’s actually a good report

https://www.imf.org/en/blogs/articles/2025/12/04/how-stablecoins-can-improve-payments-and-global-finance