Stablecoins and MiCA
Stablecoins are cryptocurrencies whose value is tied (“pegged”) to another asset. This asset can be a fiat currency, a commodity, another cryptocurrency, or a financial instrument. The Markets in Crypto Assets (MiCA) regulation in Europe introduces three categories of stablecoins: ▶️ “Electronic money tokens” – crypto assets that stabilize their value by reference to only […]
