Key facts
- MiCA-compliant euro stablecoins grew 128% in market capitalization.
- The growth occurred in the year before the MiCA transition period ended.
- Eight MiCA-compliant euro stablecoins had a combined market cap of $673.9 million on June 28, 2026.
- Decta published a report on stablecoin market capitalization.
- European lawmakers adopted a policy paper on digital assets.
- The policy paper calls for further assessment of DeFi, crypto lending, staking, and NFTs.
- The lawmakers' stance follows the end of the MiCA transition period.
In the year leading up to the conclusion of the Markets in Crypto-Assets Regulation (MiCA) transition period, MiCA-compliant euro stablecoins witnessed a substantial surge in market capitalization, growing by 128%. According to a report by Decta, the combined market capitalization of eight such stablecoins reached $673.9 million as of June 28, 2026. This growth indicates a significant increase in the adoption and value of regulated stablecoin offerings within the European Union.
Following the end of the MiCA transition period, European lawmakers have adopted a policy paper that details their position on various digital assets. This paper calls for a more in-depth assessment of key areas within the crypto landscape, including decentralized finance (DeFi), crypto lending practices, staking mechanisms, and non-fungible tokens (NFTs). The lawmakers' stance suggests a continued focus on understanding and potentially regulating these evolving aspects of the digital asset market.