Unpacking Implications of MiCA on the Tokenized Fiat Ecosystem in Europe
Tokenized
Exploring Implications of MiCA on Europe's Tokenized Fiat Ecosystem
The chapter examines how the regulatory framework under MiCA is influencing banks to contemplate issuing stablecoins in accordance with the rules, discussing benefits such as improved client services and operational efficiency, as well as distinctions between tokenized deposits and stablecoins. It also looks at the evolving landscape of Euro stablecoin usage in both crypto capital markets and mainstream payments, addressing uncertainties within this domain.
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