Will Circle (USDC) hold a MiCA CASP license in 3 or more EU states by year-end 2026?

Current probability of “Yes”: 60%

Status
Open
Category
Business
Closing date
31 December 2026
Participants
2

VangAI analysis

VangAI edge: +30 pp

  • Circle has already secured a MiCA CASP license in France, allowing it to operate across all EU member states.
  • The MiCA framework enables passporting, meaning a license in one EU country is valid across the entire EU.
  • Circle's proactive compliance with MiCA regulations positions it favorably for obtaining additional licenses if needed.
  • The EU's regulatory environment is supportive of compliant stablecoin issuers like Circle.

Having a MiCA CASP license in France is like having a universal key that unlocks doors across all EU countries.

Market rules

Resolves YES if Circle (or a Circle entity) holds MiCA CASP authorization in 3 or more EU member states as of 2026-12-31 UTC, per official national regulator registers (e.g. AMF) or Circle disclosures. Otherwise NO.

Official resolution source