On May 12, the Bank for International Settlements (BIS) recently released a paper entitled "Empirical Analysis of Cross-Border Bitcoin, Ethereum and Stabiloin Flows", which conducted an in-depth study of cross-border cryptocurrency flows in 184 countries from 2017 to mid-2024. Driving factors behind the flow of cryptocurrency. Research has found that geographical distance and language barriers have much less impact on cryptocurrency transactions than on traditional financial flows. Global factors such as increased market volatility and widening credit spreads have become important factors in determining native crypto assets. Stable coins are more correlated with remittance costs and transaction needs, especially in emerging markets and developing economies where traditional financial channels are costly. In addition, capital flow management measures appear to be largely ineffective in curbing these digital transactions, and there is evidence that the trading volume of certain crypto assets has even increased due to the introduction of these measures. The research results highlight the dual role of crypto assets as speculative investment and trading tools, emphasizing the need for further research to assess their impact on financial inclusion and economic stability.