The European Commission’s plans to loosen MiCA requirements to allow foreign stablecoins would enable global stablecoin issuers to bypass reserve-location and redemption-location stipulations for EU-branded tokens

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The proposed changes would allow global issuers to bypass those limitations for branded versions of their tokens already operating under EU supervision.

Instead, if one company issues an EU-specific token and a global version, it’ll soon be able to offer both assets to Europeans interchangeably.