Stablecoin issuer Circle is urging the EU to accelerate regulatory reforms for distributed ledger technology (DLT) and expand the use of stablecoins in securities settlement. In its feedback submitted to the European Commission, Circle suggested increasing the asset scope and transaction size limits under the DLT pilot regime and allowing MiCA-compliant stablecoins to be used for cash settlement. They also recommended permitting crypto service providers, not just banks and central securities depositories, to offer settlement accounts to reduce market friction and encourage institutional participation. (The Block) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58514