MiCA Register of Stablecoin Issuers: 23 Authorised Firms, 43 White Papers and Two Dead Links

NewsWed, 19 Aug 2026 18:17:30 UTC2 hours ago
MiCA Register of Stablecoin Issuers: 23 Authorised Firms, 43 White Papers and Two Dead Links

Anyone who wants to issue a stablecoin in the EU that is pegged to an official currency needs authorisation for it. The supervisor keeps a public record of who holds one: the MiCA register of e-money tokens, maintained by the European Securities and Markets Authority, ESMA. It is the only place where you can check whether a supervised company stands behind the euro token in your wallet.

We downloaded this register on August 16, 2026 and counted it line by line. The result: 23 authorised issuers, 43 notified white papers, 13 member states. Along with a few places where the record delivers less than its official character suggests.

The MiCA Register for E-Money Tokens: What It Contains and What It Leaves Out

E-money tokens, called EMTs in the text of the regulation, are crypto assets designed to track the value of exactly one official currency. A euro token belongs in that category, and so does a dollar token. Anyone offering such tokens to the public in the EU must be authorised under MiCA either as an electronic money institution or as a credit institution, and must notify a white paper to the competent national supervisor.

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