Europe is emerging as the next major STABLECOIN growth market, according to a Financial Times analysis, as the EU’s MiCA framework provides regulatory clarity that is accelerating institutional adoption across the region. Circle’s EURC has captured 42% of the euro stablecoin market, which is up from 17% just 12 months ago, as non-compliant stablecoins were delisted from major exchanges following MiCA enforcement. S&P Global forecasts the euro stablecoin market will grow from €650 million in 2025 to €1.1 trillion by 2030, driven by tokenized real-world assets and B2B payments, while a consortium of 11 major European banks plans to launch a MiCA-compliant euro stablecoin in 2026. EMEA is shifting from a regulatory laggard to a structurally advantaged market for regulated stablecoin infrastructure.
Euro Stablecoin Project Gains Backing of 37 Banks
