EU Approves 15 Stablecoins Underneath MiCA Rules

As a part of the brand new cryptocurrency asset rules (MiCA), the European Union formally accredited 15 stablecoins, ten pegged to the euro and 5 to the U.S. greenback.

As of February 20, 2025, ten corporations are licensed to situation stablecoins inside the EU underneath MiCA. The announcement was made by Patrick Hansen, Senior Director of EU Technique & Coverage at Circle.

Based on Patrick, the accredited issuers and property embrace:

1. Banking Circle (EURI).
2. Circle (EURC, USDC).
3. Crypto.com & 1S1C (USD1).
4. Fiat Republic (ENEUR).
5. Membrane Finance (EURe, eUSD).
6. Quantoz Funds (EURD, EURQ, USDQ).
7. Schuman Monetary (EURØP).
8. SG Forge (EURCV).
9. StablR (EURR, USDR).
10. Steady Mint (EURSM).

Tether, the USDT issuer (the most important stablecoin by market capitalization), is absent from the record, with its regulatory standing in Europe nonetheless unclear.

Apart from, 11 licensed crypto-asset service suppliers (CASP) are listed, together with BitStaete, Crypto.com, Hidden Street, MoonPay, OKX, ZBX, Zebedee, in addition to two entities every from Bitpanda and Boerse Stuttgart Group.

The MiCA regulation formally got here into impact on December 30, 2024. Following this, the European Securities and Markets Authority (ESMA) urged crypto service suppliers to limit the acquisition of non-compliant stablecoins.

Сообщение EU Approves 15 Stablecoins Underneath MiCA Rules появились сначала на CoinsPaid Media.