If that macro is defined, then wchar_t is able to represent every character from the Unicode required character set with the same value as the short code for that character. Which version of Unicode is supported is determined by the date value the macro expands to.

Clang defines that macro for some targets (like the Cloud ABI target), but not others. I'm not certain why the macro is not defined for macOS though (it might be worth a bug report to LLVM, as this could be a simple oversight).