🇪🇺 ONLY 3 OF THE WORLD'S 50 LARGEST STABLECOINS ARE ALLOWED TO TAKE THE "MAIN ROAD" IN EUROPE

Circle is urging the EU to scrap the rule requiring stablecoin issuers to hold 30-60% of reserves in bank deposits under MiCA, and replace it with a more flexible liquidity rule, a proposal also backed by the ECB and EU national central banks.

🔗 https://x.com/CryptoThreadsX/status/2106209161306636703

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