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Headlines and short briefings we actually use when reading the market — filtered for relevance, not volume.

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Circle Pushes EU to Ease Stablecoin Deposit Rules Under MiCA

Circle, issuer of the USDC stablecoin, has proposed a new regulatory framework for foreign-regulated stablecoins under the EU's MiCA rules, arguing that strict bank deposit requirements should give way to home-jurisdiction supervision with equivalent safeguards.

2 min read

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Circle Challenges EU’s MiCA Rules for USDC

Circle, the issuer of USDC, has formally objected to aspects of the EU’s Markets in Crypto-Assets (MiCA) regulation, specifically concerning requirements for bank deposits held as reserves. The firm argues current rules may push stablecoin activity outside of Europe.

2 min read

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Stablecoin Issuers Now Hold 40% of China’s Former US Treasury Demand

Tether and Circle have accumulated roughly $200 billion in US Treasury securities and repurchase agreements over the last five years, offsetting more than 40% of the decline in China’s holdings of US debt during the same period, according to Federal Reserve research.

3 min read

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Fed Proposes Stablecoin Rule With 48-Hour Liquidation Trigger

The Federal Reserve proposed new rules for stablecoin issuers, including a 48-hour window to address reserve shortfalls. Issuers falling below full backing must begin liquidation if they cannot restore reserves within that timeframe.

3 min read