EconomyEurope’s central banks want to scrap this stablecoin reserve safeguard
The European System of Central Banks recommends replacing MiCA’s mandatory commercial-bank deposit shares for stablecoin reserves with minimum holdings of assets maturing within one and five working days. The proposal reflects concern that bank-held reserves could transmit stress between stablecoins and the banking system, while bringing EU and UK approaches closer.
Europe’s central banks want to scrap this stablecoin reserve safeguard
Economy