S&P Forecast: Euro Stablecoin Issuance to Grow 1600x by 2030, Reaching $1.3 Trillion

According to The Block, S&P Global Ratings (S&P) predicts in its latest report that the euro stablecoin market size could reach €1.1 trillion (approximately $1.3 trillion) by 2030, representing a growth of about 1600x from the €650 million (approximately $767 million) base at the end of 2025. Under the baseline scenario, S&P expects the market to reach €570 billion (approximately $672 billion) by 2030, equivalent to 2.2% of the total bank deposits in the eurozone. The report attributes the growth primarily to the demand for asset tokenization investments and notes that the EU's Markets in Crypto-Assets Regulation (MiCA), effective January 1, 2025, provides a clear regulatory framework for issuers. S&P believes that, compared to the current use mainly for crypto asset trading, the real-world applications of stablecoins will drive this rapid growth.