Research on the Impact Mechanism and Regulatory Framework Optimization of Stable Coin Development on Financial System Risks

Abstract

This article focuses on the impact of stablecoin development on financial system risks and the optimization of regulatory frameworks. With the rapid expansion of the global stablecoin market, it is widely used in cross-border payments, cryptocurrency transactions, and other scenarios, which has brought impact to the traditional financial system. By analyzing the impact mechanism of stablecoins on financial system risks, sorting out the current situation and problems of international regulation, proposing optimization suggestions such as improving regulatory rules, strengthening risk prevention and control, and promoting international regulatory cooperation, the aim is to provide theoretical support for regulatory agencies to formulate scientific and reasonable stablecoin regulatory policies and maintain financial system stability.