May 10, 2025

Tether CEO warns MiCA stablecoin rules could pose ‘systemic risks’ to EU banks

1 min read

Tether chief executive Paolo Ardoino is alarmed that Europe’s MiCA regulations on stablecoins, due to excessive cash reserves requirements, could pose systemic risks to banks. Paolo Ardoino, the chief executive of the company behind the largest stablecoin by market capitalization,…

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Source: nft.news

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