"The growth of #stablecoins has been robust, and their use in cross border payments and remittances, while still small, has expanded. … Issuers of the currencies in which these stablecoins are denominated—primarily the US today—can benefit from increased demand and liquidity for government debt. … Tokenization could have even more impact than stablecoins over the long term, since both physical and financial assets—everything from land ownership to loans—could eventually be tokenized, speeding transactions, reducing their cost, and making more assets available to more people worldwide." imf.org/annual-report/2026/p…