USDT or USDC: the key points before the October 30 deadline

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: in the European Economic Area, Coinbase converts remaining balances in USDT, DAI and PYUSD into USDC on October 30, 2026, and from November 12 the EBA supervises the USDC issuer directly. This piece sets out what that means for the choice between the two largest dollar stablecoins, and separates the documented deadlines from the newsroom's assessment.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 ...