EBA classifies USDC on October 14: What it means for the USDC price

Published on 10/26/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

USDC became the first significant e-money token among 45. The USDC price is 1.0010 USD on October 26, 2026; an agent demo used USDC on October 19.

MiCA supervision from November 12

European regulators classified USDC as a significant e-money token on October 14, 2026.
The designation makes USDC the first significant token among 45 e-money tokens notified under MiCA.
The USDC price stands at 1.0010 USD as of October 26, 2026, with the UTC daily close reference of October 25, 2026.
Proof and Circle demonstrated two protocols for identity and USDC payments on October 19, 2026.

USDC, XCRYPTOUSDC0, Illustration mit AI erstellt.

USDC (USDC) became the European Union's first significant e-money token on October 14, 2026. The European Banking Authority's classification places direct oversight of reserves, liquidity and recovery plans with the EBA from November 12, 2026, according to European Banking Authority.

The USDC price stands at 1.0010 USD as of October 26, 2026, according to Investing.com. The token's market data and its regulatory classification describe separate aspects of the asset: a dollar-linked price and a new European supervisory framework.

EBA classification covers 45 notified tokens

The EBA said on October 14, 2026, that USDC, issued in the European Union by Circle Internet Financial Europe SAS, was the first of 45 e-money tokens notified under the Markets in Crypto-Assets Regulation, or MiCA, to receive the significant designation. From November 12, 2026, the EBA will supervise own funds, reserve assets, liquidity requirements and recovery and redemption plans, while France's Autorite de Controle Prudentiel et de Resolution will retain responsibility for governance, qualifying holdings, fit-and-proper assessments, outsourcing and conflicts of interest, the European Banking Authority said.

The arrangement is a dual-supervision model for a significant e-money token. The EBA source says the two authorities will work together on the transition, while the classification is based on criteria in MiCA Articles 43 and 56.

Proof and Circle demonstrate agent payments

Proof and Circle demonstrated an identity-gated purchase at Money20/20 in Las Vegas on October 19, 2026. An artificial intelligence agent presented a verified Proof credential through the x401 identity protocol and paid a merchant in USDC through Circle's x402 payment protocol, using a Circle Agent Wallet, according to Business Insider. The demonstration linked identity verification and stablecoin settlement in one transaction flow.

A separate October 7, 2026 partnership brought USDC and EURC into Tereina's enterprise payment infrastructure, starting with SAP Cloud ERP. The integration is designed to let eligible businesses send and receive stablecoin payments through existing business applications, according to Circle.

USDC market data stays near one dollar

The USDC price stands at 1.0010 USD as of October 26, 2026, according to Investing.com. Its daily high is 1.0010 USD and its daily low is 1.0009 USD. The 24-hour volume is 14.05 billion USD, while market capitalization is 72.15 billion USD, ranking USDC sixth. Circulating supply is 72.16 billion USDC. The reference basis for percentage changes is the UTC daily close of October 25, 2026.