IMF Managing Director Kristalina Georgieva has called on nations to embrace digital money, including tokenization, stablecoins, and central bank digital currencies (CBDCs). She stressed the importance of pragmatic adoption and the establishment of clear regulatory frameworks to mitigate risks associated with currency fragmentation and substitution. Georgieva highlighted that 97% of stablecoins are backed by the US dollar, underscoring the challenges posed by the lack of coordination among central banks.