The MiCA regulatory framework may not prevent a stablecoin crisis, and it could potentially contribute to the creation of $ONE. Concerns about stablecoins have grown as their influence in the financial ecosystem increases. Critics argue that regulations, such as MiCA, may not address the underlying issues affecting the stability and reliability of these digital currencies. Instead, they suggest that these regulatory measures might inadvertently lead to the development of new cryptocurrencies like $ONE. The implications of this scenario raise questions about how effectively the financial system can manage and regulate stablecoins. As the market evolves, stakeholders continue to assess the potential outcomes of regulatory actions on the stability of digital currencies.
