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Circle said it responded to the European Commission’s targeted consultation on MiCA, advocating retention of a structure under which global stablecoins are jointly issued by EU and overseas regulated entities, together with the establishment of equivalence and recognition arrangements.
Open Standard USD stablecoin OUSD launched 2 hours after launch, total cross-chain supply was approximately 477300000 tokens, with a reserve asset coverage ratio of 100%. Of this amount,Tempo network circulating supply was approximately 434200000 tokens.
PANews, citing USA₮’s official announcement, reported that as of August 31，USA₮’s circulating supply was 175730000 tokens, nearly January higher than at the end of 10 times; reserve assets exceeded the value of the circulating tokens by 660000 USD。
The Fed proposes requiring payment stablecoins issued by banks to be fully backed by eligible reserves and generally redeemed within two business days; the proposal will solicit public comments for 60 days.