Stablecoin Regulation in 10 Questions; MiCA, GENIUS & Turkey

Stablecoin markets have surpassed $200 billion, forcing global regulators to address systemic risks like bank runs and reserve opacity. Following the TerraUSD collapse, jurisdictions are implementing strict frameworks. The EU's MiCA and the US GENIUS Act mandate 1:1 high-quality reserves and ban algorithmic models. These rules aim to integrate stablecoins into traditional banking oversight.