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USDC$74.2B ▲
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PYUSD$0.7B ▲
EURC$0.2B ▲
USDC$74.2B ▲
USDT$121.4B ▲
DAI$5.3B ▲
PYUSD$0.7B ▲
EURC$0.2B ▲
  • USDC: $74.2B ▲
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MethodologySign in
Licences/European Union/ART authorisation

MiCA — ART authorisation

European Union regime for stablecoin issuance. National competent authority + EBA issues the authorisation. Typical lead time is 12–18 mo. Tags on company profiles are checked against public registers before they publish.

Holders in directory
1
Typical lead time
12–18 mo
Corridors unlocked
16
Register last checked
4 NOV 2026
What it permits
✔Issue asset-referenced tokens including baskets and commodity-referenced tokens
SOURCE · NATIONAL COMPETENT AUTHORITY + EBA + PUBLIC REGISTERS, CHECKED 4 NOV 2026
The short answerREGISTER CHECKED 4 NOV 2026

1 company in the directory holds MiCA — ART authorisation, with holders based in India. It permits issue asset-referenced tokens including baskets and commodity-referenced tokens. Typical lead time is 12–18 mo.

Cite: The Stablecoin HQ, ART authorisation holders, Nov 4, 2026 (registers checked 4 Nov)
Companies holding this authorisation1 in the directory · evidence checked
Werbooz Private Limited
AI Powered Payment Platform
1 of 1 shown
Filter the directory by this licence tagOPEN IN BROWSE →
MiCA ART · regime briefingRESEARCH DESK10 UNIQUE DATA POINTS · 15% SHARED

What ART authorisation actually signals

European Union regime for stablecoin issuance. National competent authority + EBA issues the authorisation; for a buyer it signals which regulated activity a provider claims on its profile.

1 companies in this directory hold MiCA — ART authorisation, with holders based in India. Each tag links to the regulator's public register where a reference is supplied. Typical lead time is 12–18 mo.

The register entry matters more than the marketing label. Check which entity name is authorised, which activity scope is listed, and whether the permission is still in force before you treat the tag as compliance approval.

Holders listed
1
Lead time
12–18 mo
Corridors unlocked
16
Register checked
4 Nov

What the authorisation does and does not permit

Read against EMT authorisation, which is routinely confused with it.

Issue asset-referenced tokens including baskets and commodity-referenced tokens
ART authorisation: yesEMT authorisation: no
Public register entry required
ART authorisation: yesEMT authorisation: yes
Entity name must match register
ART authorisation: requiredEMT authorisation: required
Covers every jurisdiction globally
ART authorisation: noEMT authorisation: no
Passportable across member states
ART authorisation: yesEMT authorisation: n/a

The authorisation sequence

12–18 mo in practice. The order matters because step two gates the rest.

1
Entity and home jurisdiction

Which legal entity will hold the authorisation and where it is registered with National competent authority + EBA.

2
Scope and application

Issue asset-referenced tokens including baskets and commodity-referenced tokens

3
Register publication

Public register entry with a reference number matching the entity name on the application.

4
Ongoing reporting

Reserve, transaction, or conduct reporting depending on the regime and the activity authorised.

ART authorisation, answered

From real buyer questions. Marked up as FAQPage.

1 companies in the directory report this tag, including Werbooz Private Limited. Each entry links to the regulator's public register where a reference is supplied.

Issue asset-referenced tokens including baskets and commodity-referenced tokens

The clause that changes product design

Everyone reads complex regimes as a single authorisation. Check which activity the register actually shows — custody, transfer and issuance are frequently separate permissions, and the marketing label rarely matches the register entry exactly.