The euro-pegged stablecoin market, currently a “shallow” niche in the digital asset ecosystem, is on the verge of a massive structural expansion. S&P Global RatingsThe euro-pegged stablecoin market, currently a “shallow” niche in the digital asset ecosystem, is on the verge of a massive structural expansion. S&P Global Ratings

Euro Stablecoin Market Poised for 1,600x Explosion by 2030, S&P Global Predicts

2026/02/04 14:15
3 min read

The euro-pegged stablecoin market, currently a “shallow” niche in the digital asset ecosystem, is on the verge of a massive structural expansion.

S&P Global Ratings projected that the sector could grow from its end-2025 level of approximately €650 million to a staggering €1.1 trillion ($1.3 trillion) by 2030.

This “upper-bound” scenario would see euro stablecoins capture roughly 4.2% of all eurozone overnight deposits, transforming them from speculative trading tools into a foundational pillar of European financial infrastructure.

Catalysts for a Trillion-Euro Paradigm Shift

S&P identifies the “Practical Utility” phase of blockchain as the primary engine for this 1,600x growth. Unlike the previous era, which was dominated by USD-pegged tokens for crypto trading, the new cycle is driven by the integration of stablecoins into the regulated real-world economy.

  • Tokenized Investments: S&P’s baseline scenario expects €500 billion ($590 billion) in demand to stem from tokenized real-world assets (RWAs), such as government bonds and private credit.
  • Tokenized Payments: Retail and corporate payment rails are projected to contribute €100 billion ($118 billion) as businesses seek 24/7 settlement speeds and lower cross-border frictions.
  • The MiCA Effect: The Markets in Crypto-Assets (MiCA) regulation, which reached full implementation on January 1, 2025, has provided the “institutional green light” for banks to issue and hold these assets safely.

2030 Market Trajectories

The report outlines three distinct paths for the digital euro, noting that the outcome depends heavily on the speed of bank adoption and consumer trust.

Forecast ScenarioProjected Market Cap (EUR)% of Eurozone DepositsOutlook
Upper-Bound€1.1 Trillion4.2%High institutional and retail adoption; 24/7 global settlement standard.
Baseline€570 Billion2.2%Steady growth in tokenized funds and B2B payments.
Lower-Bound€25 Billion0.1%Niche use cases only; slow regulatory uptake in major economies.

Most Global Family Offices Still Avoid Crypto in 2026, JPMorgan Report Shows

The “Bank-Led” Rebellion

A major shift identified in 2026 is the entry of traditional incumbents. A consortium of 11 European banks, including heavyweights like ING, UniCredit, and CaixaBank, is currently preparing to launch a unified, MiCA-compliant euro stablecoin in the second half of 2026.

Operating through a Netherlands-based entity named Qivalis, this consortium aims to provide a “sovereign European alternative” to the USD-dominated market. By leveraging their existing network of 150 million clients, these banks could bridge the liquidity gap that has historically kept euro stablecoins at less than 1% of the total stablecoin market cap (which hit $310 billion in the U.S. by late 2025).

Strategic Takeaway: Solving the “Disparity Gap”

Currently, USD-pegged tokens like USDT and USDC dominate nearly 99% of all stablecoin supply. S&P analysts argue that this disparity is unnatural given the Eurozone’s €28 trillion RWA market. As institutional money-market funds and repo transactions migrate to on-chain settlement, the euro stablecoin is no longer an “option” but a “necessity” for European digital sovereignty.

For 2026, the key confirmation to watch will be the successful licensure of the Qivalis consortium; a successful launch would likely catalyze the “Baseline” scenario, moving the market toward the half-trillion-euro mark.

The post Euro Stablecoin Market Poised for 1,600x Explosion by 2030, S&P Global Predicts appeared first on ETHNews.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Regulatory Clarity Could Drive 40% of Americans to Adopt DeFi Protocols, Survey Shows

Regulatory Clarity Could Drive 40% of Americans to Adopt DeFi Protocols, Survey Shows

Over 40% of Americans express willingness to use decentralized finance (DeFi) protocols once regulatory clarity on crypto privacy emerges, according to a recent survey from crypto advocacy organization the DeFi Education Fund (DEF). The survey, released on September 18, revealed that many Americans feel frustrated with traditional financial institutions and seek greater control over their financial assets and data. Respondents believe DeFi innovations can deliver this change by providing affordability, equity, and consumer protection. The survey was conducted with Ipsos on KnowledgePanel and included supplementary in-depth interviews in the Bronx and Queens between August 18 and 21, polling 1,321 US adults. Survey Results Show Americans Ready to Adopt DeFi Protocols The findings demonstrate that many Americans are curious about DeFi despite its early stage. 42% of Americans indicated they would likely try DeFi if proposed legislation becomes law (9% extremely/very likely and 33% somewhat likely). 84% said they would use it to “make purchases online,” while 78% would use it to “pay bills.” According to the survey, 77% would use DeFi protocols to “save money,” and 12% of Americans are “extremely” and “very” interested in learning about DeFi. Moreover, nearly 4 in 10 Americans believe that DeFi can address high transaction and service fees found in traditional finance (39%). Consistent with other probability-based sample surveys, the Ipsos x DEF research shows that almost 1 in 5 Americans (18%) have owned or used crypto at some point in their lifetime. Nearly a quarter of Americans (22%) said they’re interested in learning more about nontraditional forms of finance, such as blockchain, crypto, or decentralized finance.Source: DEF The research shows that more than half (56%) of Americans want to reclaim control of their finances. Americans are interested in having control over their money at all times, and many seek ways to send or receive money without intermediaries. One Bronx, NY resident shared his experience of needing to transfer money between accounts, but the bank required him to certify the transfer and visit in person because he couldn’t move the amount he needed remotely. He expressed frustration about the situation because “it was my money… I didn’t understand why I was given a hard time.“ More than half of surveyed Americans agree there should be a way to digitally send money to people without third-party involvement, and this number rises notably for foreign-born Americans (66%). The researchers concluded that Americans are interested in DeFi and believe DeFi can reduce friction points in today’s financial system. Regulatory Developments on DeFi Adoption in the U.S Last month, DeFi Education Fund called on the US Senate Banking Committee to rethink how it plans to regulate the decentralized finance industry after reviewing its recently published discussion draft on a key crypto market-structure bill. The response, signed on behalf of DeFi Education Fund (DEF) members including a16z Crypto, Uniswap Labs, and Paradigm, argued the Responsible Financial Innovation Act of 2025 (RFA) bill should be crafted in a more tech-neutral manner. The group also emphasized that crypto developers should be protected from “inappropriate regulation meant for intermediaries,” and that self-custody rights for all Americans are “essential.” The banking committee is now working on the discussion draft to help ensure it builds on the Digital Asset Market Clarity Act of 2025. The goal is to promote innovation in the $162 billion DeFi industry without compromising consumer protections or financial stability. On September 5, US Federal Reserve Governor Christopher Waller said there was “nothing to be afraid of” about crypto payments operating outside the traditional banking system. This statement has raised hopes among many that DeFi would soon become the new financial infrastructure for Americans and the world
Share
CryptoNews2025/09/18 21:29
Michael Burry’s Bitcoin Warning: Crypto Crash Could Drag Down Gold and Silver Markets

Michael Burry’s Bitcoin Warning: Crypto Crash Could Drag Down Gold and Silver Markets

TLDR Michael Burry warned that bitcoin’s drop below $73,000 may have forced institutions to sell up to $1 billion in gold and silver to cover crypto losses Burry
Share
Coincentral2026/02/04 15:28
Michelin-starred dimsum chain Tim Ho Wan doubles HK footprint with 10th store

Michelin-starred dimsum chain Tim Ho Wan doubles HK footprint with 10th store

For Tim Ho Wan’s chief executive officer Young Sheng Lee, the brand’s aggressive expansion in its home turf helped create a proven growth model that can be replicated
Share
Rappler2026/02/04 15:27