Circle's USDC stablecoin has become the first to receive the European Union's 'significant' e-money token classification under the Markets in Crypto-Assets Regulation (MiCA). Starting November 12, 2026, the European Banking Authority (EBA) will directly supervise USDC's reserve assets, liquidity, capital requirements, and recovery plans, while France's ACPR will oversee governance and management aspects. This classification marks a key regulatory milestone, reflecting USDC's size and usage in the EU, and follows Circle's earlier licensing under MiCA. Additionally, the EBA and New York regulators agreed to cooperate on cross-border stablecoin supervision, enhancing regulatory coordination for USDC issued in both regions.
Circle's USDC stablecoin is the subject, with Pluang market data providing context. As of Oct 15, 2026 10:51 WIB, out of 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell. Notable movers include SAND at Rp959 with a -9.61% change, SUSHI at Rp3.894 with a -9.11% change, and CAKE at Rp38.228 with a -9.02% change.
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