The IMF cautioned on Dec 10, 2025 that USD-pegged stablecoins can drive currency substitution and speed capital outflows in emerging markets, posing risks to monetary stability. The fund urged closer monitoring and policy responses.
Belarusian President Alexander Lukashenko said cryptocurrencies could help reduce global reliance on the US dollar, presenting digital assets as a tool for monetary diversification.
Bitcoin tumbled to $100,800 on Nov. 12, down about 4.2% in 24 hours as the dollar strengthened, triggering over $610 million in liquidations, before bouncing back to roughly $103,000 early the next day.