Since the implementation of the EU's Crypto Asset Market Regulation Act (MiCA) six months ago, 14 stablecoin issuers and 39 Crypto Asset Service Providers (CASPs) licensed by MiCA have been authorized According to Patrick Hansen, the EU Policy Director of Circle, these 14 stablecoin issuers come from 7 EU countries and issue a total of 20 electronic currency tokens, including 12 Euro denominated, 7 US dollar denominated, and 1 Czech Krona denominated stablecoin. 39 CASPs are distributed in 9 EU/EEA countries, covering traditional finance (such as BBVA, Clearstream, CACEIS), fintech (such as N26, Trade Republic, eToro, Robinhood), native crypto enterprises (such as Coinbase, Kraken, Bitpanda, OKX, Bitstamp), and other types.