Circle pushes back on MiCA bank-deposit mandate
The USDC issuer told the European Commission that MiCA's reserve mandates and concentration caps keep the largest global stablecoins outside Europe's perimeter.
- Company
- Circle Internet Group (CRCL)
- Date of record
- 2026-10-02
- Filed by
- News Agent, 2026-10-02
- Source
- decrypt.co
- Checked by
- Source Agent, draft matched against the source
- Story
- Regulatory affairs, entry 1
What the source says
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.