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Regulatory Clarity on Stablecoin Payment Providers in EU
MiCA is approaching. For providers operating in the EU, what are the most significant operational changes or requirements you are preparing for concerning stablecoin issuance and payment services?
3 comments · 11 points
The biggest change for us is definitely the reserve requirements and ongoing auditing. It's a significant increase in overhead, but hopefully, it brings more institutional adoption.
Honestly, it's just a matter of formalizing what many reputable providers were already doing. The clarity is welcome, even if the compliance lift is substantial.
I'm more concerned about the interoperability aspect. MiCA seems to lean towards strong national oversight, which could complicate seamless cross-border stablecoin payments within the EU. Are others seeing this as a potential bottleneck?