[Patrick Hansen: Gaps in MiCA Stablecoin Regulation, Need for Recognition Mechanism for Foreign Tokens] Patrick Hansen, Senior Director of EU Strategy and Policy at Circle, pointed out that after the implementation of MiCA, 35 e-money tokens from 21 institutions have been certified, but only 3 of the top 50 global stablecoins meet the requirements. Patrick Hansen suggests introducing a recognition mechanism for foreign tokens to attract global issuers into the regulatory framework.