As of June 2025, experts predict that euro-pegged stablecoins could significantly impact the global financial system by 2028. The growing interest in digital assets in Europe, particularly due to initiatives from the European Central Bank (ECB), supports the development of stablecoins such as EURC from Circle and other projects. These assets promise stability tied to the second most significant global currency, which could weaken dependence on the US dollar.
Analysts note that with the spread of digital payments and blockchain technologies in the EU, euro-based stablecoins are expected to become popular among institutional investors and trading platforms. This could undermine the dominance of dollar-pegged stablecoins such as USDT and USDC, which currently control over 90% of the market. Furthermore, geopolitical tensions and sanctions are accelerating the search for alternatives to the dollar.
The ECB is considering the launch of a digital euro, which could integrate with private stablecoins, creating an ecosystem competitive with American counterparts. By 2028, experts predict that the share of euro stablecoins will reach 15-20% of the market.
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