S&P Global Ratings has released a report forecasting substantial growth in the euro stablecoin market by 2030. According to PANews, the report anticipates the market could reach 1.1 trillion euros, a significant increase from the 650 million euros projected by the end of 2025. In a baseline scenario, S&P expects the market to grow to 570 billion euros, representing 2.2% of the total bank deposits in the eurozone.
The report attributes this growth primarily to the demand for asset tokenization investments. It also highlights the European Union's Markets in Crypto-Assets Regulation (MiCA), which took effect on January 1, 2025, providing a clear regulatory framework for issuers. S&P suggests that stablecoins will find more applications in the real world, beyond their current use in cryptocurrency trading, supporting this rapid expansion.