@trumanhaywood

To address regulatory differences across countries and avoid regulatory arbitrage if stablecoins become a global payment method, first, promote international coordination—establish joint frameworks (e.g., via IMF, BIS) to align core rules (issuer reserves, transparency, anti-money laundering). Second, adopt a "same - risk, same - regulation" principle: Regulate stablecoins by their function (e.g., payment vs. investment) rather than jurisdiction, preventing entities from exploiting lax rules. Third, enhance cross-border information sharing between regulators to track stablecoin flows. Finally, set minimum global standards while allowing local adaptations for specific risks. These steps ensure consistent oversight and curb arbitrage.

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