IMF, “Stablecoins, Tokens, and Global Dominance”

This article, published by the IMF in September 2025, is a contribution by Hélène Rey (London Business School, CEPR, NBER, ABFER). It discusses stablecoins, tokenization, monetary sovereignty, and shifts in the global financial order, and includes context relevant to GVE.
https://www.imf.org/en/Publications/fandd/issues/2025/09/stablecoins-tokens-global-dominance-helene-rey