Stablecoin × country checker: USDE in France

USDE in France

Issuer: Ethena · records from StableRadar datasets as of 2026-10-26. This is a list of public records, not an assessment of whether USDE may be used in France.

USDE · Stablecoin profile →

Issuer licence records

No MiCA authorisation — BaFin ordered wind-down of Ethena GmbH USDe business
Dataset status: Confirmed Non-ComplianceBaFin15 Apr 2025Recorded in another EU member state (DE); passporting into France not verified
bafin.de ↗ dataset as of 2026-10-26

Token approval by a regulator

Not verified — no token-level regulator record for USDE in France in the dataset.

Applicable laws & status

Markets in Crypto-Assets Regulation (EU) 2023/1114 (MiCA)
Dataset status: In forceEBA, ESMA, national competent authorities31 May 2023 · effective Titles III–IV (ART/EMT): 30 Jun 2024; full application 30 Dec 2024European Union
eur-lex.europa.eu ↗ link checked 2026-10-26
MiCA full application (CASPs)
Dataset status: In Force30 Dec 2024European Union (implementation milestone)
esma.europa.eu ↗ link checked 2026-10-26
ESMA expectations — non-MiCA stablecoins
Dataset status: Published8 Oct 2026 (per TZ)European Union (implementation milestone)
Not verified claim from internal specification, not checked against primary document · dataset link ↗ · dataset as of 2026-10-26

Licensed providers supporting it

Not verified Licensed providers in France: none matched a regulator register in the dataset (not verified)