EURC Coin News

Circle asks EU to ease crypto thresholds in proposed markets framework

Circle is advocating for lower market capitalization thresholds in the EU's proposed Market Integration Package, aiming to facilitate broader institutional participation and enhance liquidity for euro-denominated stablecoins like EURC. The stablecoin issuer argues that current thresholds act as a structural barrier, hindering the growth of e-money tokens and creating a "chicken-and-egg scenario" that limits their utility in settlement. Circle's feedback suggests that more adaptive thresholds based on market uptake and liquidity, alongside expanded access to the DLT Pilot Regime for crypto-asset service providers, are crucial for modernizing the EU's financial system.