USDC price stands at 1.0010 USD as EBA oversight nears

Published on 10/28/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

USDC circulation reaches 72.16 billion tokens on October 28, 2026. The USDC price is 1.0010 USD on October 28, 2026.

Regulatory and supply milestones

The European Banking Authority classified USDC as significant among 45 e-money tokens on October 14, 2026.
MiCA rules set a 60 percent bank-deposit minimum for significant issuers.
The USDC price stands at 1.0010 USD as of October 28, 2026, at the dollar peg.
Circle plans to publish third-quarter results on November 4, 2026.

USDC, XCRYPTOUSDC0, Illustration mit AI erstellt.

USDC (USDC) trades at 1.0010 USD as of October 28, 2026, while European oversight is scheduled to expand on November 12, 2026. The USDC price remains close to its 1.00 USD target, and Investing.com lists circulating supply at 72.16 billion tokens.

MiCA assigns direct oversight on November 12, 2026

The European Banking Authority classified USDC on October 14, 2026, as the first significant e-money token among 45 notified under the European Union's Markets in Crypto-Assets Regulation, according to Gadgets 360. From November 12, 2026, the EBA will oversee Circle's own-funds requirements, reserve assets, liquidity rules, and recovery and redemption plans for the European issuer.

The classification changes the supervisory arrangement rather than the dollar redemption design. Circle Internet Financial Europe SAS remains the European issuer, while France's banking regulator retains responsibility for governance and outsourcing, according to TokenPost.

Reserve rules leave a 60 percent threshold

The significant-token framework requires a 60 percent minimum for bank deposits, twice the 30 percent minimum applied to other e-money tokens, according to TokenPost. Circle asked the European Commission on October 1, 2026, to replace the fixed deposit share with a broader asset-liquidity standard. That request has not changed the existing requirement.

Enterprise use is another dated development. On October 7, 2026, Tereina and Circle announced an integration that brings USDC and EURC into Tereina's payment infrastructure, starting with SAP Cloud ERP, according to Circle. The companies said the SAP ecosystem represents 84 percent of global commerce.

USDC price stays near the dollar peg

According to Investing.com, the USDC price is 1.0010 USD as of October 28, 2026. The daily high is 1.0010 USD and the daily low is 1.0009 USD. Market capitalization is 72.15 billion USD, ranking USDC sixth, while 24-hour volume is 14.05 billion USD. The page lists 72.16 billion USDC in circulation. USDC is designed to be redeemable for one U.S. dollar, so the quoted level remains close to its target value.