MiCA Won’t Save Us from a Stablecoin Crisis. It Might be Building One

2025-11-1 16:00

MiCA deserves credit for imposing order on chaos, but its structure rests on a dangerous assumption: that proof-of-reserves equals proof-of-stability, argues Dr. Daniel D’Alvia. It does not. origin »

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mica assumption proof-of-reserves dangerous rests structure equals