Golden Finance reported that Circle said that stablecoins that do not comply with MiCA regulations will "disappear" from the EU market in the short to medium term. Circle became the first global stablecoin issuer to be licensed in the EU on Monday. With the launch of the EU Crypto Asset Market (MiCA) regulation, Circle's EU Strategy and Policy Director Patrick Hansen and Chief Strategy Officer Dante Disparte expect the European crypto market to usher in a "transformative" year in the future.