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Kyle Baird

Circle calls on EU to speed up DLT Pilot Regime updates and broaden stablecoin settlement access

Circle told EU policymakers it wants faster changes to the bloc's digital-asset rules, saying delays could slow institutional adoption of tokenized markets. In feedback submitted March 20 on the European Commission's proposed Market Integration Package, the company backed expanding the DLT Pilot Regime but asked for adaptive thresholds and clearer routes from pilot programs to permanent rules. It also urged broader use of MiCA-compliant stablecoins in securities settlement and wider access to settlement accounts beyond banks and CSDs.