The European Banking Authority (EBA) has issued new guidelines for stablecoin issuers in order to increase their liquidity and ensure wider adoption of the digital asset. The guidelines, which came into effect on Monday, aim to help protect users of stablecoins as well as to ensure that those issuers follow the same standards as other payment services providers. The guidelines emphasize the necessity for stablecoin issuers to operate within the legal and regulatory framework applicable in the European Economic Area (EEA). The EBA also emphasised that each stablecoin issuance must be supported by full reserve of a permissible asset. In addition, each issuer must provide a roadmap addressing consumer safety and a
