"Emerging markets are the key holders and users of stablecoins, and they are especially important in economies that have struggled to maintain resilience around payment systems and remittances. Stablecoin technology can help fix broken payment systems and increase financial inclusion and access, but they also present some financial stability risks. Consistent and clear regulation will be critical to maximize the impact of stablecoins and reduce risks such as deposit flight and illicit uses."

"The EU and the U.S. are jointly pivotal to the future of global AI governance. Ensuring that EU and U.S. approaches to AI risk management are generally aligned will facilitate bilateral trade, improve regulatory oversight, and enable broader transatlantic cooperation. The U.S. approach to AI risk management is highly distributed across federal agencies, many adapting to AI without new legal authorities."