S&P projects 1,600x upper-bound increase in euro stablecoin issuance to $1.3 trillion by 2030

S&P Global Ratings has issued a striking forecast regarding the future of euro-denominated stablecoins, projecting an aggressive upper-bound market capitalization of $1.3 trillion by the year 2030. This represents a staggering potential increase of up to 1,600 times the current estimated market volume, making it one of the most bullish projections for the digital asset space in Europe. The analysis suggests that while the actual realized growth may adhere to a more conservative base-case scenario, the potential for digital euro assets to significantly penetrate traditional financial markets is substantial. A primary catalyst for this massive projected expansion is the forthcoming implementation of the European Union’s Markets in Crypto-Assets (MiCA) regulation. MiCA is expected to provide comprehensive regulatory clarity and robust consumer protection, thereby bolstering institutional confidence and encouraging mainstream adoption by payment providers and financial institutions across the eurozone. S&P posits that euro stablecoins could rapidly capture market share in high-volume cross-border payments and even displace some forms of commercial bank money, positioning them as a critical infrastructure layer in the digital economy. However, S&P stresses that achieving the $1.3 trillion valuation hinges crucially on continued favorable regulatory conditions, aggressive technological integration, and the proactive entry of major financial players into the issuance space.

Source: S&P projects 1,600x upper-bound increase in euro stablecoin issuance to $1.3 trillion by 2030