MiCA Stablecoin Resolution: Europe’s Missing Crisis Rule
Europe regulates stablecoin reserves and redemption, but a systemic nonbank token still lacks a dedicated failure regime. The SRB explains why resolution is the…
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Reserve composition, liquidity, audits and redemption backing for stablecoins.
MiCA’s Stablecoin Reserve Rule Turns Safety Into Bank Funding Risk
Europe’s stablecoin reserve rule may protect token redemptions while making bank funding less stable. The ECB wants liquidity measured by maturity instead.
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Stablecoin Reserves and Treasury Liquidity: Why Digital Dollars Cannot Fix the Bond Market
Stablecoin issuers are becoming major buyers of Treasury bills, but the August 19 bond-market intervention shows why digital-dollar reserves cannot solve every liquidity problem—and…
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World Liberty Trust Bank Turns USD1 Into a Federal Supervision Test
World Liberty Financial’s conditional national trust charter could unite USD1 issuance, reserve custody and settlement under one federal supervisor. The structure may strengthen institutional…
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