EU MiCA framework approves 10 companies to issue stablecoins

Under the EU’s Cryptocurrency Market (MiCA) regulatory framework, 10 companies have been approved to issue stablecoins in the EU, including Banking Circle, Circle, Crypto Com, Fiat Republic, Membrane Finance, Quantoz Payments, Schuman Financial, Societe Generale, StabIR and Stable Mint. These companies have issued 10 euro-pegged stablecoins and 5 dollar-pegged stablecoins. It is worth noting that Tether, the world’s largest stablecoin issuer by market capitalisation, is not on the list.（Cointelegraph）

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