According to The Paper, Wang Xin, Director of the Research Bureau (Counselor’s Office) of the People’s Bank of China, stated at the 2026 Lujiazui Forum that the next step is to further ensure the security, neutrality, and efficiency of the international payment system, promote the interconnection between central bank payment systems and retail payment systems, and cautiously and steadily explore the potential of new payment tools. Wang Xin emphasized the need to closely monitor the impact of stablecoins on the international monetary system and cross-border payments, improve regulatory rules, and enhance international payments. He also pointed out that whether stablecoins will play a more significant role in cross-border payments, the prospects for central bank digital currencies in cross-border use, as well as related regulatory and international coordination efforts, are all areas that warrant continued observation. https://(wublock123.com)/news/stablecoins-impact-international-monetary-system-cross-border-payments-63008