**Circle CEO Highlights Vulnerabilities in European Stablecoins under MiCA Regulations**

Circle CEO Jeremy Allaire has raised concerns about the stability of European stablecoins amid the implementation of the EU's MiCA regulations. Circle, known for its USDC and EURC stablecoins, has become the first global stablecoin issuer to comply with these new regulations, allowing it to operate within the EU framework. Despite this progress, industry leaders, including Tether's CEO Paolo Ardoino, argue that MiCA's stringent requirements complicate operations and increase risks for stablecoin issuers.

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