“Stablecoins are no longer experiments — under MiCA, they are regulated money.” – DNA Crypto Knowledge Base.
The EU’s Markets in Crypto-Assets Regulation (MiCA) is expected to have a significant impact on the stablecoin landscape in 2025. With its strict rules on reserves, custodianship, and licensing, MiCA is forcing global players like Tether (USDT) and Circle (USDC) to reassess their European strategies, while euro-pegged tokens gain momentum.
Learn more: Stablecoins and MiCA Regulation
MiCA’s New Framework for Stablecoins
MiCA divides Stablecoins into two categories:
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– Asset-Referenced Tokens (ARTs): Backed by baskets of assets such as fiat, commodities, or crypto.
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– Electronic Money Tokens (EMTs): Pegged 1:1 to a fiat currency like the euro or dollar.
Both categories require:
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– 1:1 reserve coverage with EU-recognised custodians
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– Licensing as an EMI or CI
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– Whitepaper disclosures
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– Digital Token Identifiers (DTIs)
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– Ban on algorithmic Stablecoins
Explore: What is MiCA and Why It Matters
USDT and USDC: Diverging Paths
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– USDT: Tether has struggled to meet MiCA’s standards. Without EU-based custodians, exchanges like Binance, Coinbase, and Kraken have delisted USDT across Europe.
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– USDC: Circle has pursued full EMI licensing in France, positioning USDC as the compliant dollar stablecoin for European investors.
This divergence shows that compliance is no longer optional — it’s existential.
Read: Global Impact of MiCA
The Rise of Euro Stablecoins
MiCA’s framework has accelerated euro-pegged tokens such as:
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– EURC (Circle)
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– EURS (Stasis)
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– EURQ (Quantoz)
With €150 billion projected to migrate to euro-backed EMTs by year-end, euro-native liquidity is finally gaining traction.
Explore: The Digital Euro Project
What This Means for Investors and Institutions
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– Institutional adoption: 75% of EU institutions now consider Stablecoins for diversification.
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– Liquidity migration: Non-compliant tokens exit, compliant EMTs consolidate liquidity.
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– Innovation pressure: Issuers face fines of up to €15M or 3% of annual turnover for non-compliance.
DNA Crypto’s Role
As a VASP-licensed broker in Poland, DNA Crypto is helping clients transition seamlessly:
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– Onboarding compliant euro-backed EMTs
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– Offering bespoke custody & brokerage
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– Phasing out legacy tokens with transparency and trust
More: Institutional Bitcoin Adoption
Conclusion
MiCA is both a filter and a framework. The winners — compliant euro and dollar Stablecoins — will define the future of digital money in Europe. For investors, it’s not just about choice anymore. It’s about choosing compliance, liquidity, and trust.
Stock: Envato
Disclaimer: This article is for informational purposes only and not intended as legal, tax, or financial advice.
