The FSOC (U.S. financial stability council) downplays systemic vulnerabilities, warns of illicit use of stablecoins, and forecasts stronger global role for the dollar.
The FSOC (U.S. financial stability council) 2025 report excluded previous references to financial system vulnerabilities and offered no specific recommendations on cryptocurrency risks. While praising the potential advantages of digital assets, it cautioned that stablecoins could be exploited for illicit finance. The report also projected that dollar-denominated stablecoins will enhance the U.S. dollar’s global standing over the next decade.