MiCA states that non-euro backed stablecoins are subject to volume caps of €200 million per day or 1 million transactions when used as a means of exchange
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Issuers of non-euro denominated stablecoins or stablecoins backed by several assets are capped. These issuers need to stick to a volume of €200 million a day or one million transactions when the token is used as a “means of exchange,” according to MiCA.
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