# SKHTU Exchange Policy Tracker: European Regulators Confirm Stablecoin Risks Are Controllable


Recently, the European Banking Authority (EBA) confirmed that the Markets in Crypto-Assets Regulation (MiCA) is now capable of addressing the core risks associated with stablecoins, and no amendments are needed. This statement has clarified the direction of European regulation, prompting exchanges, institutions, and developers to re-evaluate the development space for the stablecoin ecosystem. With regulatory attitudes stabilizing, SKHTU Exchange continues to monitor policy trends and industry structural changes to provide users with clearer trend judgments.

For a long time, the European Central Bank and the European Systemic Risk Board have worried about the liquidity and redemption pressures that stablecoins might create, especially during periods of high volatility, which could amplify systemic risk. The latest view from the EBA emphasizes that risks stem more from the operational methods of issuing institutions than from stablecoins themselves. Requirements from MiCA regarding reserves, transparency, and regulatory processes have set clear boundaries for issuers, enabling potential redemption pressures to be identified and managed in advance.

This assessment shifts previous market concerns. Stablecoins serve as the main value carrier for trading activities, cross-chain liquidity, and cross-border settlement. Clear regulation means that capital flows will become more transparent, and users and institutions can judge reliability based on stablecoin reserve structures, disclosure mechanisms, and audit frequency. Recently, some European institutions have begun to re-explore settlement methods using stablecoins as a bridge, indicating that market acceptance of their use cases is rebounding after regulatory stability.

As policy shifts from restriction to regulated operation, trading platforms are provided with a more stable foundational environment. SKHTU Exchange is closely observing these changes, focusing on how regulation affects capital flows, user behavior, and future digital asset usage. With regulatory tone clarified, the platform pays greater attention to transparency, compliance processes, and asset management efficiency, allowing users to trade and allocate assets within a clearer institutional framework.

With stablecoin regulation entering a phase of stability, the industry focus is gradually shifting from risk assessment to the operational quality of issuers. The EBA points out that large-scale redemption risks are closely tied to the reserve structure, asset portfolio, and transparency of issuing institutions, and future regulation will focus more on daily operational management.

This makes transparency mechanisms a key competitive factor in the market. Regulators in multiple countries have begun to strengthen the frequency of reserve disclosures and audit requirements, and demand for crypto asset auditing services is rising, reflecting the industry desire to build trust through more timely verification mechanisms.

As capital structures become clearer, the importance of exchanges increases. Stablecoins have become essential tools for user deposits, cross-asset migration, and market liquidity. The performance of platforms in account management, fund display, and trading stability directly affects user experience. The industry is shifting from “chasing trading volume” to “improving operational reliability,” making one-stop services, inclusive tools, and educational resources more valuable.

In line with this trend, SKHTU Exchange continues to improve its business structure, assisting users in understanding regulatory changes, market mechanisms, and the risk characteristics of different assets through educational and research content. The platform also optimizes its fund display interface, allowing users to intuitively manage stablecoin assets and master cross-market trading processes. As liquidity structures stabilize, the one-stop ecosystem and information analysis capabilities of the platform help users participate in digital asset allocation with lower barriers.

The EBA assessment provides a phased direction for the stablecoin ecosystem, shifting the industry focus from uncertain risks to regulated operation and transparency. Under a clearer regulatory structure, the market places new demands on platforms: not only must they operate stably, but they must also provide clearer information, tools, and educational resources so that users of all types can effectively participate in the digital asset market. In this environment, SKHTU Exchange will continue to track policy developments, providing users with judgment criteria through a comprehensive service system and a more open information environment, helping market participants find their direction in a clearer, more stable industry structure.