$USDC has reached a major regulatory milestone in Europe.
The European Banking Authority (EBA) has classified Circle’s USDC as the EU’s first “significant” e-money token under MiCA, based on its size and importance in the market.
From November 12, 2026, the EBA will directly supervise key areas of USDC, including its reserves, liquidity and redemption plans.
France’s financial regulator will continue overseeing other areas, giving USDC a clearer regulatory framework across the EU.
#USDC #Circle #Macro Insights# #Europe
The European Banking Authority (EBA) has classified Circle’s USDC as the EU’s first “significant” e-money token under MiCA, based on its size and importance in the market.
From November 12, 2026, the EBA will directly supervise key areas of USDC, including its reserves, liquidity and redemption plans.
France’s financial regulator will continue overseeing other areas, giving USDC a clearer regulatory framework across the EU.
#USDC #Circle #Macro Insights# #Europe