According to Techub News, Circle said that stablecoins that do not meet MiCA regulatory requirements will disappear from the EU market in the short to medium term. With the implementation of MiCA regulation, multiple trading platforms such as Binance and Bitstamp have announced the gradual removal of non-compliant tokens. Circle believes that MiCA will promote the growth and competition of euro- and dollar-denominated stablecoins and provide strong protection against market abuse and insider trading. Circle emphasized that the United States and the United Kingdom should learn from the EU experience and formulate stablecoin regulatory policies as soon as possible to maintain global competitiveness.