Circle has become the first stablecoin issuer to meet the new crypto asset rules established by Canadian regulators. Through its regulated subsidiary, Circle has committed to complying with the Ontario Securities Commission and the Canadian Securities Administrators' value-referenced crypto asset requirements. This means that USDC will continue to be available on registered crypto exchanges and trading platforms in Canada, while non-compliant stablecoins may face delisting. Circle views compliance as crucial and aims to leverage this to expand USDC's availability. This achievement aligns with efforts by other stablecoin issuers to comply with regulatory requirements in various jurisdictions. Circle has already complied with regulations in the European Union and holds key licenses in multiple jurisdictions.



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