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Circle Urges EU to Replace Stablecoin Bank-Deposit Mandates

The Defiant·October 2, 2026·1 min read
Circle Urges EU to Replace Stablecoin Bank-Deposit Mandates

Circle, the issuer of USDC, is urging the EU to replace stablecoin bank-deposit mandates. The company also wants to preserve cross-border co-issuance and create a recognition route for foreign stablecoins. Central banks, however, are demanding stronger safeguards, creating a regulatory tug-of-war.

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