Circle, the issuer of the USDC stablecoin, has urged the European Union to replace the bank deposit mandates imposed on stablecoin issuers. The company wants to preserve cross-border co-issuance agreements and is calling for a recognition pathway for foreign stablecoins. European central banks, meanwhile, are demanding stronger safeguards to protect users of these digital assets.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
