Patrick Hansen|Jan 06, 2026 11:39
๐ช๐บ ๐๐๐ฐ ๐๐๐๐ซ ๐๐ข๐๐ ๐๐ญ๐๐๐ฅ๐๐๐จ๐ข๐ง ๐๐ฉ๐๐๐ญ๐: ๐๐ญ๐ข๐ฅ๐ฅ 17 ๐๐ฎ๐ญ๐ก๐จ๐ซ๐ข๐ณ๐๐ ๐๐ญ๐๐๐ฅ๐๐๐จ๐ข๐ง (๐๐๐) ๐๐ฌ๐ฌ๐ฎ๐๐ซ๐ฌ
Over 1.5 years into MiCAโs application for stablecoins, this is the current snapshot (January 2026):
โ 17 authorized EMT issuers
โ From 10 EU countries: ๐ซ๐ท (4), ๐ฉ๐ช (1), ๐ฒ๐น (2), ๐ณ๐ฑ (2), ๐ซ๐ฎ (1), ๐ฉ๐ฐ (1), ๐จ๐ฟ (1), ๐ฑ๐น (2), ๐ฑ๐บ (2), ๐ต๐ฑ (1)
โ 25 authorized EMTs (single fiat-backed stablecoins):
โข 14 EUR-denominated ๐ถ
โข 9 USD-denominated ๐ต
โข 1 CZK-denominated ๐จ๐ฟ
โข 1 GBP-denominated ๐ฌ๐ง
2 Interesting facts:
Update on Alipay/Ant International: They have launched the "Bettr Settlement Token" under the ticker BREUR. However, this token will only be issued to Ant International's approved affiliates. It is not going to be issued to the public, or tradeable on public exchanges or other secondary markets, according to their white paper.
ART Update: there are still zero (!) authorized Asset-Referenced Tokens (ARTs) under MiCA. ARTs โ stablecoins backed by baskets of currencies/assets or single non-currency assets (e.g. gold) โ account for roughly one-third of the MiCA framework (Titles III & IV), yet have seen no market uptake so far. Clearly interpretations regarding whether a gold-backed token would constitute an ART under MiCA or a financial instrument under MiFID diverge amongst member states.(Patrick Hansen)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink