German payment processor DECTA expects the euro-pegged stablecoin market to continue to develop through 2026 as Europe’s Markets in Crypto-Assets Regulation (MiCA) comes into full effect, bringing common EU rules on reserves, issuer supervision and operational standards.
The regulatory baseline should make it easier to connect regulated euro stablecoins to payment systems, trading venues and tokenized financial infrastructure, DECTA said in a report earlier this month.
According to the report, market growth over the next two years will depend on how quickly MiCA-authorized issuers build distribution channels and banking relationships, how deeply financial institutions adopt stablecoin-based settlement for tokenized assets and programmable payments, and how strong consumer demand emerges for euro-denominated digital assets across exchanges and payment apps.
The German payments company expects a steady shift away from non-compliant or synthetic euro tokens to fully regulated stablecoins as EU platforms adapt to MiCA.
Still, the company expects uneven adoption between member states, driven by differences in consumer awareness, local digital asset policy and market maturity.
By 2026, euro-pegged stablecoins should take a clearer, more regulated role in the EU’s digital asset stack, DECTA said, under a framework designed to prioritize stability, transparency and predictable oversight.
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