S&P Foresees €1.1 Trillion Surge in Euro Stablecoin Market by 2030

According to S&P, the euro stablecoin sector could escalate to €1.1 trillion by 2030, representing 4.2% of bank deposits in the eurozone.

S&P Global has released a noteworthy prediction regarding the future of the euro stablecoin market, suggesting that its market capitalization may soar to €1.1 trillion by the year 2030. This remarkable growth would reflect an increase of 1,600 times its previous levels and would account for roughly 4.2% of the total bank deposits within the eurozone.

This significant expansion in the euro stablecoin sector underscores the growing acceptance and adoption of digital currencies in traditional financial systems. The report highlights the potential for stablecoins to play a pivotal role in the evolution of the monetary landscape, offering greater efficiency and stability in digital transactions.