TechFlow News — Circle co-founder and CEO Jeremy Allaire announced on X that Circle has obtained an Electronic Money Institution (EMI) license, making its dollar-pegged stablecoin USDC and euro-pegged stablecoin EURC compliant with the European Union's new Markets in Crypto-Assets (MiCA) regulation. Effective July 1, Circle has officially launched offerings to European customers, marking it as the first global stablecoin issuer to comply with MiCA.
Circle stated this move will accelerate mainstream adoption of blockchain technology in payments, finance, and commerce, while delivering secure and reliable digital money to the European market. Circle has chosen France as its European headquarters and is working closely with regulators in France, the EU, and the United States to ensure global interoperability and compliance of its stablecoins.
