@gohxinlin33
Governments worldwide are tightening stablecoin rules to prevent systemic risks. The EU’s MiCA framework mandates 1:1 reserves and audits, while the US debates federal oversight.
Key concerns include:
Transparency (e.g., Tether’s reserve controversies)
Bank-like risks if adoption scales
AML compliance
Stablecoin issuers now pursue licenses to ensure longevity. Clear regulations could legitimize them as digital cash alternatives.