IMF just dropped a blog analyzing stablecoins - and honestly, it's a mixed bag. On the bright side? They're acknowledging the real deal: lightning-fast settlements, dirt-cheap fees for moving money across borders, plus getting the unbanked into the financial system. USDC, RLUSD, USDT - these tokens are solving actual problems.

But here's the flip side they're worried about: what happens when people ditch local currencies for stablecoins? Central banks lose grip on monetary policy. That control issue keeps regulators up at night.

Seems like the conversation's shifting from "if" to "how" we manage this.