EU labels Circle's USDC as significant e-money token under MiCA
CIE News ·
EU regulators have designated Circle's USDC as the first significant e-money token under MiCA, placing the stablecoin under joint French and European Union supervision.
European authorities have designated Circle's USD Coin (USDC) as a significant e-money token under the Markets in Crypto-Assets regulation, Cointelegraph reported on October 14, 2026. The classification places the second-largest stablecoin by market capitalization under supervision by both French and European Union regulators. According to Cointelegraph, USDC is the first asset to receive the significant label among 46 total offerings classified as e-money tokens under the EU framework.