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Thursday, 29 October 2026

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Circle Pushes Back on MiCA's Bank-Deposit Mandate for Stablecoins

Briefing desk at Markets Brief (2026-10-02): The USDC issuer told the European Commission that MiCA's reserve mandates and concentration caps keep the largest global stablecoins outside Europe's… Primary source: original at Decrypt (decrypt.co).

Circle Pushes Back on MiCA's Bank-Deposit Mandate for Stablecoins

The USDC issuer told the European Commission that MiCA's reserve mandates and concentration caps keep the largest global stablecoins outside Europe's perimeter—siding with the ECB in calling for more flexible rules.

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