The Bretton Woods Committee's Future of Finance Working Group has released a brief titled "Unlocking Stablecoins: Exploring Opportunities and Risks," highlighting the growing interest in stablecoins amid efforts by Congress and the Trump administration to advance stablecoin legislation. The paper discusses stablecoins' potential to modernize financial infrastructure, particularly in the $150 trillion cross-border payments market, and outlines the need for strong governance, transparency, and reserve backing to ensure stability and reliability. It emphasizes the importance of aligning global regulatory approaches and highlights key use cases such as cross-border payments, financial inclusion, and humanitarian aid. As the legislative environment evolves, the brief underscores the necessity of addressing risks related to stability, financial oversight, and compliance with anti-money laundering standards, presenting a chance for the U.S. to integrate stablecoins responsibly into the financial system and foster a more efficient global economy.