Global stablecoin market trends

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The U.S. Senate’s passage of the GENIUS Act, which creates a unified federal system for regulating stablecoins, has increased pressure on other jurisdictions
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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European Union to relax rules on non-EU stablecoins

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