Patrick Hansen, Senior Director of EU Strategy and Policy at Circle, the issuer of USDC, stated that while there are currently about 35 regulated Electronic Money Tokens (EMTs) issued by 21 institutions in the EU, among the top 50 stablecoins worldwide, only USDC, USDG, and EURC comply with Europe's crypto regulation law, MiCA. He added, "In the future review process for the MiCA framework, we need to enhance Europe's competitiveness and strengthen international regulatory cooperation."