MiCA Stablecoin Rules

Definition ∞ MiCA stablecoin rules are specific regulations within the European Union’s Markets in Crypto-Assets (MiCA) framework that govern the issuance and operation of stablecoins. These rules impose requirements on issuers regarding reserve assets, capital adequacy, and redemption rights. They aim to ensure the stability and integrity of stablecoins.
Context ∞ MiCA stablecoin rules are a critical component of the EU’s effort to mitigate risks associated with digital currencies pegged to traditional assets. These regulations address concerns about liquidity, transparency, and consumer protection following past stablecoin market instability. The implementation of these rules is expected to reshape the stablecoin landscape within the European economic area.