Proton Exchange Membrane Water Electrolysis (PEMWE) has emerged as a clean and effective approach for the conversion and storage of renewable electricity, particularly due to its compatibility with fluctuating photovoltaic and wind power. However, the high cost and limited performance of iridium oxide catalysts (i.e. IrO2) used as anode catalyst in industrial PEM electrolyzers remain significant obstacles to widespread application. Although numerous low-cost and efficient alternative catalysts have been developed in laboratory research, comprehensive stability studies critical for industrial use are often overlooked. This leads to the failure of performance transfer from catalysts tested in liquid half-cell systems to those employed in PEM electrolyzers. This concept presents a thorough overview for the stability issues of anode catalysts in PEMWE, and discuss their degradation mechanisms in both liquid half-cell systems and PEM electrolyzers. We summarize comprehensive protocol for the assessment and characterization, analyze the effective strategies for stability optimization, and explore the opportunities for designing viable anode catalysts for PEM electrolyzers.