The European Banking Authority (EBA) Proposes Stringent Rules for Stablecoin Issuers in Accordance with MiCA

The European Banking Authority (EBA) has released a set of proposed liquidity guidelines for stablecoin issuers. The guidelines aim to ensure that stablecoins can be quickly redeemed even during turbulent market conditions, preventing the risk of bank runs and contagion in crisis situations. Here are some…