Cyberfinance Rating Agency Honors Circle with High Marks for Regulatory Compliance and Risk Management

PayRate42, a leading authority in the world of cyberfinance, has recently bestowed Circle, the renowned issuer of the stablecoin USDC, with prestigious accolades for their impeccable compliance and risk management practices. The coveted Green Complianceand Green Riskratings are a testament to Circle's unwavering commitment to upholding strict regulatory standards and implementing a robust risk management framework. In a groundbreaking achievement, Circle has also become the first stablecoin issuer to obtain a license under the European Union's Markets in Crypto-Assets (MiCA) regulation. This recognition solidifies Circle's position as a trusted player in the cryptocurrency market and sets a high standard for others to follow.