Fiserv’s alignment with regulated issuers like Circle positions its stablecoin strategy to operate across multiple jurisdictions, including the EU’s MiCA framework which imposes caps on non-euro stablecoin transfers

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Still, Fiserv's alignment with regulated issuers such as Circle could help the firm navigate both regimes.

Europe already has stablecoin rules under the MiCA framework, although it requires non-euro stablecoins to limit daily transfers to below 200 million euros.