Regulation· ★★★· neutral· October 17, 02:40

MiCA Designates USDC a Significant Token, Cementing Dollar's Grip on EU Stablecoin Market

—USDC classified as a significant token under MiCA
—The designation triggers enhanced oversight by EU regulators
—A European alternative to the dollar is not expected before 2029

Why it matters: MiCA effectively entrenches dollar-denominated stablecoins in the EU while a sovereign alternative remains years away.

Source: CriptoNoticias

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