EconomyCircle and Tether align in opposing MiCA bank reserve rules
Circle is urging the EU to recognize qualifying foreign-regulated stablecoins and replace MiCA’s requirement that issuers hold at least 30% of reserves in commercial-bank deposits, rising to 60% for significant tokens. Tether CEO Paolo Ardoino has made a similar warning that the rule could increase bank credit and counterparty risks.
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CryptoSlate★★☆☆☆2026-10-05 09:10Original
Circle and Tether align in opposing MiCA bank reserve rules
Economy