What Is the Biggest Issue With Stablecoins in Europe Right Now?
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One of the main challenges is that euro-backed stablecoins are struggling to meet the strict requirements needed to be widely used in financial systems. These thresholds are so high that even well-established projects cannot easily qualify, limiting their adoption.
Circle suggests adjusting these requirements based on real market conditions instead of fixed limits. This would allow stablecoins like EURC to grow naturally and play a bigger role in Europe’s financial infrastructure without being held back by regulatory barriers.
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love how the solution is basically “can we lower the bar a little?”