The National Natural Science Foundation of China (NSFC) announced a project focusing on stablecoin risk governance for 2025, with funding up to 300,000 yuan.
NSFC Project on Stablecoin Risk Governance
The NSFC has unveiled a project dedicated to global stablecoin risk governance, including themes such as stablecoin structure and risk transmission. This initiative aims to deepen understanding of stablecoin dynamics that could influence future regulations.
Funding and Application Process
Applications for project funding are due by October 9, 2025. Selected proposals will receive resources for a research period of 10 to 12 months, with individual theme budgets not exceeding 200,000 yuan.
Discussion and Significance of the Initiative
While there have been no prominent statements from NSFC leadership, the project has engaged the research community's interest. Currently, there are no public remarks from leading figures or regulators, leaving academic insights to await further guidance. The NSFC's exploration into stablecoins is not unprecedented, as similar projects have shaped regulatory insights in the past.
The NSFC's initiative to investigate stablecoin risks represents a critical step toward understanding and potentially regulating this financial instrument in the future landscape of the global financial market.
