Wire · regulatory
Circle Wants EU Stablecoin Bank Deposit Rules Changed
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Fusion42 · 2 October 2026 · Fusion42 review
Circle has requested the EU to loosen MiCA regulations requiring stablecoin issuers to keep a large portion of reserves in bank deposits and to ease limits on sovereign exposure and banking counterparties, aiming to increase liquidity flexibility and maintain multi-issuance structures for tokens like USDC and EURC.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.
◆ ◆ The Wire takeaway
Stablecoin issuers navigating EU markets just got a potential opening to ease costly reserve rules and banking limits, making European access more viable for foreign-regulated tokens like USDC. You should assess how this could lower your compliance barriers and simplify reserve management once any changes pass.
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2 sources · 2 Oct 2026
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