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According to ChainCatcher, Circle co-founder and CEO Jeremy Allaire announced on the X platform that Circle's USD stablecoin (USDC) and Euro stablecoin (EURC) have complied with the EU's newly enacted stablecoin regulations under MiCA. They will be officially issued to European customers starting July 1. This marks Circle as the first global stablecoin issuer to comply with MiCA regulations. Circle stated that this move will promote the mainstream application of blockchain technology in payments, finance, and commerce, providing safe and reliable electronic money to the European market. Circle has chosen France as its European headquarters and is working closely with regulatory authorities in France, the EU, and the US to ensure the interchangeability and compliance of its stablecoins globally. Previously, Circle's CEO hinted at a major upcoming announcement.
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