EU proposes liquidity rules for stablecoin reserves

New EU proposals require stablecoin issuers to hold reserves in liquid assets maturing within one to five business days. Major stablecoins must keep 40% in one-day and 60% in five-day maturity assets. The rules align with EBA 2024 guidelines, as MiCA-compliant euro-stablecoins surged 128% in value and 43.1% in trading volume.