Episode Details

Euro stablecoins surged 128% in market cap and 43% in trading volume before MiCA regulations took full effect, signaling strong user adoption despite looming rules. While some argue strict MiCA requirements hurt competitiveness against dollar stablecoins by limiting interest and imposing reserves, others push for looser rules. The ECB warns that unchecked growth could disrupt banking and monetary policy, leaving the future of euro stablecoins in a tense, uncertain balance.

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