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A regulated stablecoin issuer is a company that has obtained authorization from one or more financial regulators to issue stablecoins — digital tokens pegged to fiat currencies such as the US Dollar, Euro, or Singapore Dollar. Regulation typically requires issuers to maintain full 1:1 reserve backing, undergo regular audits, comply with anti-money laundering (AML) and know-your-customer (KYC) rules, and meet minimum capital requirements.
Major regulatory frameworks governing stablecoin issuers include MiCA (Markets in Crypto-Assets Regulation) in the European Union, the Payment Services Act in Singapore, and the GENIUS Act (proposed) in the United States. Issuers may also hold national e-money licenses, virtual asset service provider (VASP) registrations, or trust company charters depending on the jurisdiction.
Well-known regulated issuers include Circle (issuer of USDC), Tether (issuer of USDT), and Paxos (issuer of USDP and PayPal USD). Each issuer listed here has been verified or identified through public regulatory filings and official disclosures. New issuers are added weekly as regulatory data becomes available.
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