[BlackRock 2026 Outlook: Stablecoins Will Challenge National Control Over Fiat Currencies, Becoming a Bridge Between Traditional Finance and Digital Liquidity] BlockBeats News, January 2 – BlackRock stated in its '2026 Global Market Outlook' that stablecoins will challenge governments' control over fiat currencies. With the rapid surge in stablecoin adoption, the use of fiat currencies in emerging markets faces the risk of contraction. Shortly before this prediction, Standard Chartered Bank warned in October that the widespread adoption of stablecoins could lead to a loss of over $1 trillion in deposits from emerging market bank accounts. Similar challenges also exist in the U.S. banking sector. The landmark stablecoin legislation, the 'Genius Act,' which was signed into law and took effect in July this year, allows crypto companies to offer yield-like products that traditional banks are prohibited from providing, posing a threat to traditional financial institutions. Samara Cohen, BlackRock's Global Head of Markets Development, stated: 'Stablecoins are no longer a niche product; they are becoming a bridge between traditional finance and digital liquidity.'