"FSB Chair Andrew Bailey urges G20 members to address cross-border gaps in stablecoin oversight and adopt new AI risk management practices in the financial sector. FSB report warns a stablecoin run could trigger forced sales of reserve assets and bank deposit withdrawals, spreading stress to traditional financial markets. FSB highlights AI-driven cyber threats and volatility risks, emphasizing that only 11 of 28 jurisdictions have finalized stablecoin regulatory frameworks as of its 2025 review."