01
The EU just put USDC under direct EU-level banking supervision for the first time.
02
The EBA classified USDC as a significant e-money token on October 14, 2026.
03
USDC is the first of 45 e-money tokens notified under MiCA to hit that threshold.
04
From November 12, the EBA directly supervises USDC's capital, reserves, and liquidity.
05
France's ACPR keeps watching governance, management fitness, and conflicts of interest.
06
Your USDC balance and its dollar peg do not change because of this decision.
07
Tether's USDT was never evaluated for this status because it isn't MiCA-licensed at all.
08
Being first here is a side effect of being compliant, not a sign something is wrong.