🌍 We’re proud to have supported @circle in updating their MiCA-compliant white papers for USDC and EURC. Circle has achieved the highest possible score in our MiCA Crypto Alliance’s independent review and scoring framework. This reflects not only full compliance with EU regulation, but also a strong commitment to clarity, accountability and best-in-class disclosure. The updated white papers align with Articles 51 to 53 of the Markets in Crypto-Assets (MiCA) Regulation, and incorporate the final technical standards adopted by the European Commission: ✅ Delegated Regulation (EU) 2025/422 ✅ Implementing Regulation (EU) 2024/2984 They cover core areas including legal structure, redemption mechanisms, reserves, governance and environmental impact. Together, these updates set a clear benchmark for high-quality, regulator-ready disclosure under MiCA. The evaluation applied our MiCA White Paper Scoring Methodology, which benchmarks white papers against the official templates and technical standards defined in the Commission Implementing Regulation (EU) 2024/2984. Evaluation is based on: 🔍 Compliance: how well the paper meets legal requirements 🔍 Conformance: how closely it follows best practices and presentation standards A top score confirms the white papers are not only compliant, but also readable, consistent and suitable for regulatory scrutiny. XBRL-formatted versions of the white papers are available, aligned with the applicable implementing technical standards. Huge thanks to the team at Circle, including @paddi_hansen and @yoni_lasry, for their trust and collaboration. And to our contributors at the MiCA Crypto Alliance, @juan_i_ibanez, Aaron Evencio Sanchez, Natpirom Mongkolareepong and Aayush Ladda, thank you for your hard work and dedication. 📄 Access the USDC white paper: 📄 Access the EURC white paper: