The European Banking Authority (EBA) has designated Circle’s dollar stablecoin $USDC as a “significant e-money token” under the MiCA framework. It will be jointly supervised by the EBA and France’s Prudential Supervision and Resolution Authority. With a market capitalization of approximately $73 billion, $USDC is the world’s second-largest stablecoin, behind only USDT. The designation signals that European regulators are opening up to dollar stablecoins; so far, only 45 projects across Europe have received this status. The European Central Bank is also advancing its research into a digital euro. (Source: Cointelegraph)

#稳定币 #MiCA

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