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The ECB asks Brussels to delete MiCA's 60% bank-deposit floor for stablecoin reserves
The ECB's September 22 submission to the Commission's MiCA consultation asks for the deposit percentages to go, with reserve assets instead having to mature within one to five working days. Significant token issuers currently park 60% in banks.
Reality
- Evidence66
- Adoption
- Insufficient
- Hype gap+24
- Incentives58
- Confidence62