{"id":665667,"date":"2026-10-02T12:53:13","date_gmt":"2026-10-02T12:53:13","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/10\/02\/circle-urges-eu-to-revise-stablecoin-reserve-rules-in-mica-review\/"},"modified":"2026-10-02T12:53:13","modified_gmt":"2026-10-02T12:53:13","slug":"circle-urges-eu-to-revise-stablecoin-reserve-rules-in-mica-review","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/10\/02\/circle-urges-eu-to-revise-stablecoin-reserve-rules-in-mica-review\/","title":{"rendered":"Circle urges EU to revise stablecoin reserve rules in MiCA review"},"content":{"rendered":"

\"Circle<\/p>\n

Circle wants the EU to replace mandatory bank-deposit minimums with more flexible liquidity rules and preserve cross-border stablecoin issuance.<\/p>\n

Stablecoin issuer Circle urged the European Commission to revise reserve requirements in its response to a consultation on reviewing the Markets in Crypto-Assets Regulation (MiCA).<\/p>\n

In Thursday\u2019s summary<\/a> of its response, the USDC and EURC issuer said mandatory bank-deposit requirements expose stablecoin issuers to banking-sector credit and counterparty risks.<\/p>\n

Circle faced those risks firsthand in March 2023, when USDC temporarily lost its dollar peg<\/a> after the company disclosed that $3.3 billion of its reserves were held at Silicon Valley Bank. The funds were subsequently made available<\/a> after US authorities protected the bank\u2019s depositors.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Circle wants the EU to replace mandatory bank-deposit minimums with more flexible liquidity rules and preserve cross-border stablecoin issuance. Stablecoin issuer Circle urged the European Commission to revise reserve requirements in its response to a consultation on reviewing the Markets in Crypto-Assets Regulation (MiCA). In Thursday\u2019s summary of its response, the USDC and EURC issuer […]<\/p>\n","protected":false},"author":1,"featured_media":665668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-665667","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/665667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=665667"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/665667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/665668"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=665667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=665667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=665667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}