European Union MiCA Approves 10 Stablecoin Issuers, Tether Not Listed

The list of stablecoin issuers of the European Union's Crypto Asset Market Regulation Act (MiCA) compliance has been announced. Circle, Crypto.com, Societe Generale and other 10 institutions have been approved to issue euro and US dollar stablecoins, involving a total of 10 euro stablecoins and 5 US dollar stablecoins. The world's largest stablecoin issuer, Tether (USDT, with a market value of over 141 billion US dollars), did not appear on the list.