Circle Urges EU to Replace Stablecoin Bank-Deposit Mandates

The Circle, issuer of USDC, is urging the EU to replace mandates requiring bank deposits with alternative measures. The company also seeks to maintain cross-border co-issuance and establish a recognition pathway for foreign stablecoins. Meanwhile, central banks are calling for enhanced safety measures.

Sources

• The Defiant — Circle Urges EU to Replace Stablecoin Bank-Deposit Mandates

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