Do governments see stablecoins as a risk?

[cryptoenthusiast]

Yes — uncontrolled stablecoins can threaten monetary sovereignty. But instead of banning them, governments are launching their own versions to maintain authority while capturing the advantages. A government-backed stablecoin ensures regulatory oversight, auditability, and financial stability. It also gives officials confidence that digital assets circulating inside their economy follow national rules, rather than being influenced by offshore or privately issued digital dollars.

[Nahid Hossen]

Yes—mainly due to concerns over capital flight and loss of monetary control.

[Abdul Khan]

Unregulated stablecoins can disrupt financial stability if adoption spikes.