The Reform of the IMF and the Origin of CryptoSDRs

The current international monetary system has serious flaws, including the “Triffin Dilemma” and other factors that have led to frequent global financial crises. These flaws have forced countries and international organizations to consider how to reform the international monetary system. Therefore, this chapter proposes the creation of crypto Special Drawing Rights (hereafter referred to as “cryptoSDRs”) as a possible solution to reform the current international monetary system and address its inherent flaws.