Circle is pushing back on Europe. The stablecoin issuer has formally petitioned the European Commission to lower the capitalization thresholds in its proposed Market Integration Package. The argument is direct: the current rules create a regulatory paradox where a stablecoin must already be massive before it is legally permitted to operate at an institutional scale. For euro-denominated stablecoins like EURC, the framework creates friction. It effectively bans them from institutional settlement before th ...