Circle Calls for Regulatory Framework in the EU to Clarify Stablecoin Payments

Circle, the issuer of stablecoins USDC and EURC, submitted a position paper on the 20th to the European Commission's proposed Market Integration Package (MIP). According to Circle's official statement, while the MIP is seen as a crucial step towards transitioning to a digitized financial system, Circle has requested amendments in four areas to enhance the effectiveness of the regime. The first pillar of the position paper...