Circle marks one year since becoming the first major issuer to win MiCA approval in the EU. • 1 yr of MiCA in force • Euro-stablecoin EURC supply up 5× under its French EMI licence • MiCA licences now spreading to EU banks & fintechs • Circle urges U.S., U.K. & APAC to align rules for cross-border stablecoins Next step: can global regulators agree on a single playbook?