More than 50,000 European citizens submitted comments to the European Commission regarding the MiCA review by the September 30, 2026 deadline. The initiative, led by the advocacy group Stand With Crypto EU, calls for allowing stablecoin issuers to provide consumer incentives such as loyalty perks and cashback.
A separate petition supporting a pro-innovation strategy for stablecoins has gathered over 126,000 signatures. Harry Pearce-Gould, general manager at Stand With Crypto EU, stated that this level of public engagement highlights user concerns regarding current restrictions on rewards for regulated tokens.
The debate centers on the Markets in Crypto-Assets framework, which currently prohibits interest payments on stablecoins. On September 22, 2026, the European System of Central Banks proposed tightening these rules to explicitly ban indirect yield, arguing that electronic money should serve solely as a payment tool rather than a savings product.
