Select what genuinely interests you. Your picks feed directly into our editorial planning. This much is documented: since October 14, 2026 USDC has carried the status "significant" as the EU's first e-money token, the European Banking Authority EBA takes over direct supervision of the issuer's own funds, reserve and redemption plans on November 12, 2026, and for USDT Tether holds no authorisation as an e-money token under the EU's MiCA regulation. If your balance sits with a provider holding an EU licence, you can therefore continue to buy, swap and redeem USDC unchanged, while USDT drops out of the offering there. Our assessment follows further down: for a portfolio in Germany, a stablecoin's authorisation now weighs more heavily than its market size.