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Only 11 Stablecoin Issuers Survive MiCA’s First 100 Days
Only 11 Stablecoin Issuers Survive MiCA’s First 100 Days
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The European Union’s Markets in Crypto-Assets (MiCA) regulation has been in full effect for 100 days, and only 11 stablecoin issuers have received approval. MiCA is now law across all 27 EU countries, unifying the regulation of crypto assets. The cumulative stablecoin market is approaching $250 billion, with Tether leading the tally. Germany dominates in MiCA applications, according to Patrick Hansen of Circle.
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