Regulation· ★★★· neutral·

Circle Urges EU to Replace 30% Stablecoin Bank Deposit Rule With Liquidity Test

  • —MiCA requires 30% of stablecoin reserves to be held in bank deposits
  • —Circle wants the fixed deposit threshold replaced with a liquidity test
  • —The issuer calls bank deposit concentration a structural risk, not a safeguard
  • —EU regulators have not made a formal decision on the request
Why it matters: A rule change could reduce euro-stablecoin issuers' reliance on banks and reshape how their reserves are structured.
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Source: Bitcoin Insider
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