Without hesitation: Do stablecoin institutions want to enter a tightly regulated Europe? Here are some suggestions. If stablecoin institutions want to enter the European market, they will face strict regulation and a complex clearing system. Currently, stablecoins are more suitable for cross-border settlement intermediaries to improve efficiency and transparency, rather than terminal payment tools. The European market has high compliance requirements, and after the MiCA regulations come into effect, the license plate will transition from VASP to CASP.