Circle has started issuing its USDC and EURC stablecoins in the EU, supported by the region's MiCA regulatory framework. CEO Jeremy Allaire highlighted the long-term potential of stablecoins operating on public blockchains, emphasizing regulatory challenges and the strategic importance of expanding into the EU. Circle aims to increase its market share and is preparing for significant investments in compliance and business development across Europe. Allaire also pointed out the decreasing global dominance of the U.S. dollar and the importance of stablecoins in addressing this issue.

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