Circle's USDC stablecoin is now the teacher's pet in Canada, becoming the first to comply with the Canadian Securities Administrators' new rules. This means USDC can keep its seat on licensed crypto platforms in 2025, while other stablecoins might face the dreaded delisting if they don't shape up by the end of 2024.
Circle's been busy, also getting gold stars in Europe and Singapore for regulatory compliance. With a market cap over $40 billion, USDC is second only to Tether in the $201 billion stablecoin class. Meanwhile, Vancouver's mayor is eyeing Bitcoin for the city's balance sheet. 🚀