The European Central Bank and the European Union’s national central banks have urged Brussels to tighten stablecoin rules, asking lawmakers to keep the ban on stablecoin interest and extend it to the crypto lending and staking services that mimic it. In a response to the European Commission’s consultation on the MiCA review published September 22, the European System of Central Banks (ESCB) said the payment of stablecoin remuneration “should continue to be prohibited,” and that attempts to circumvent the ban “through, for example, tri-party schemes must be addressed.”