Comparative Stablecoin Regulation Dashboard

Global Regulatory Convergence and Monetary Integration - June 2025

Key Regulatory Requirements by Region

MiCA (EU) sets the global bar for reserve, audit, and segregation standards; US and BIS/FSB align on core priorities[1][2][5][7].

Adoption of Core Stablecoin Rules (2025)

Full reserve, audit, and redemption requirements now present in EU, US, HK, and select G20 markets[1][2][7].

MiCA Compliance: Top Stablecoins in EU

USDC & EURC are MiCA-compliant; USDT is not and is being delisted from EU exchanges[1][5].

Cross-Border Attestation Adoption (2022-2025)

AICPA-style attestation now referenced in 17 jurisdictions, up from 3 in 2022 (BIS, 2025).

CBDC Pilot Integration: Attested Stablecoins

7 major CBDC pilots (e.g., mBridge) require attested stablecoins for bridge/collateral roles (BIS, 2025).

Shadow Stablecoin Circulation by Region

Asia and LATAM see highest use of unregulated stablecoins as "shadow currencies" (FSB, 2025).

Data Sources

  • ESMA, MiCA Regulation, 2025[3]
  • Tangem, MiCA Stablecoin Compliance, 2025[1]
  • InnReg, MiCA Regulation Guide, 2025[2]
  • Finextra, MiCA Global Impact, 2025[5]
  • Morgan Lewis, Fiat-Backed Stablecoin Regulation, 2025[7]
  • BIS, CBDC and Stablecoin Reports, 2025
  • FSB, Systemic Stablecoin Monitoring, 2025

Global Regulatory Alignment and Financial Policy Intersections