The WBC is in “direct discussions” with the New York committee over Ryan Garcia's concerning behavior ahead of his fight with Devin Haney.
In recent weeks, concerns have been raised about Garcia's mental state following a series of bizarre social media posts and livestreams.
Several members of the boxing fraternity, including mental health ambassador and former three-division world champion Duke McKenzie, have called for the fight to be called off.
The New York State Athletic Commission has the authority to cancel games as it deems appropriate.
The WBC does not have the same powers, but it can refuse to sanction the WBC and withdraw the super lightweight world title from the main event.
Asked whether the main sanctioning body would consider intervening, WBC president Mauricio Sulaiman told talkSPORT.com: “Yes, of course.
“We are in direct negotiations with the New York commission where the fighting will take place.
“And social media can be very good and very bad at the same time.
“It's a blessing to be able to reach millions of people, but it's also a forum where so many people can express their anger, resentment and hatred when something negative happens.
“So social media is an issue that everyone should treat with extreme concern and responsibility.
“Of course, Ryan Garcia’s post has caused a lot of concern on a variety of topics.
“But I've talked to him and he's a very good kid. He's had a serious training camp and I believe he's in a position to fight, but we're definitely handling the situation. Masu.”
Fans first began to suspect something was up with Garcia after he admitted in an interview that he was high.
Shortly after, Garcia continued to spam his social media accounts with several worrying posts, including a video in which he claimed to be dead.
Some supporters suspected the match would be canceled following Garcia's online activity, but at the time of writing the match was still being played.
Garcia then announced that he would not post on social media until after his fight with Haney on April 20th.