Internet reports that there are rumors that the European Commission is about to make a slight relaxation of the MiCA (Cryptographic Asset Market Regulation) regulations on EU stablecoins. Specifically, the committee plans to allow stablecoins issued in global markets but not approved by the EU to be exchanged with compliant stablecoins that are limited to the EU. In response, the European Central Bank (ECB) strongly opposed the proposal and instead advocated issuing digital euros (CBDC). The European Central Bank warned that the move could pose risks to the stability of the European banking system, but ignoring the growth of stablecoins is also potentially dangerous. Since MiCA came into effect in December 2024, the cryptocurrency landscape in Europe has undergone tremendous changes. In fact, this change may have been too drastic. The global stablecoin market is heating up, and the largest stablecoin issuer has withdrawn from the EU market, but its business has not been significantly affected. In this context, some regulators are considering making adjustments to existing regulations. According to Reuters, European Commission officials may soon relax some of MiCA's requirements for stablecoins. But what needs to be clear is that this will not reduce the strictness of license approval. Conversely, if a company issues both an EU-only token and a global version, the two assets may be allowed to be exchanged in the European market in the future.