ECB, EU cenbanks seek changes in MiCA’s minimum bank deposit for stablecoins
60-second summary
ECB and EU central banks propose swapping MiCA’s fixed minimum bank‑deposit rule for stablecoins with flexible liquidity thresholds, arguing that sudden mass withdrawals could pressure lenders. They stress that dynamic thresholds better reflect market volatility and protect financial stability. If adopted, the change may tighten stablecoin issuance, potentially raising compliance costs and influencing investor confidence across the crypto sector.
The ECB and EU central banks want to replace MiCA’s stablecoin bank-deposit requirements with liquidity thresholds, warning that sudden withdrawals could strain lenders.