According to TechFlow, Circle co-founder and CEO Jeremy Allaire posted on the X platform that Circle announced that its USDC stablecoin and EURC stablecoin have complied with the EU's new stablecoin regulations MiCA and will be officially issued to European customers from July 1. This marks Circle as the first global stablecoin issuer to comply with MiCA regulations.
Circle said the move will promote the mainstream application of blockchain technology in payment, finance and commerce, and bring safe and reliable electronic money to the European market. Circle chose France as its European headquarters and worked closely with regulators in France, Europe and the United States to ensure the global interchangeability and compliance of its stablecoins.
