Qualifying Stablecoins are digital assets designed to maintain a stable value relative to a fiat currency or other asset, meeting specific regulatory or technical criteria. These criteria typically involve robust reserve requirements, regular attestations, and adherence to anti-money laundering and counter-terrorist financing standards. The designation aims to differentiate stablecoins that offer a higher degree of safety and reliability. Such stablecoins are often considered more suitable for institutional use.
Context
The definition and regulation of qualifying stablecoins are central to ongoing legislative efforts globally, particularly in major financial jurisdictions. News often highlights proposed frameworks, such as those in the EU’s MiCA regulation, which seek to establish clear guidelines for their issuance and operation. The debate continues regarding the appropriate level of oversight necessary to ensure their stability and consumer protection.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.