According to Lamine Brahimi, co-founder and managing partner of cryptocurrency technology provider Taurus, banks and corporations across Europe are moving beyond exploration and are now actively selecting infrastructure partners that support stablecoin adoption.
Brahimi told Cointelegraph that eighteen months ago, most conversations were still educational and focused on understanding stablecoins and their risks. Currently, companies with board approval are preparing to launch. He said the introduction of the Markets in Crypto Assets (MiCA) Regulation has accelerated this transition by replacing fragmented national rules with a single regulatory regime.
“In the last twelve months alone, all of Europe’s most stringent financial institutions have come to the same conclusion that digital assets, including stablecoins, belong in the existing banking stack, not alongside it,” he said.
Corporate treasury teams drive much of the demand. Companies that initially focused on payments and settlements want to utilize stablecoins to move funds faster, lower costs and operate outside of classic bank hours, Brahimi said.
Related: Bank of France calls for tighter MiCA limits for stablecoin payments
Demand is driving the adoption of stablecoins in Europe
Brahimi said adoption is increasingly driven by practical needs rather than long-term strategy. “When customers start asking for better billing, more flexibility, or more efficient cross-border value flows, the conversation becomes much more direct and much more practical,” he added.
ClearBank Europe on Thursday announced that it has become the first Dutch credit institution to be authorized under MiCA to operate as a crypto asset service provider. A consortium of major European banks, including ING, UniCredit, CaixaBank and BBVA, is also developing Qivalis, a MiCA-compliant euro stablecoin initiative designed to enable regulated onchain payments and settlements across Europe.
European banks are also continuing their stablecoin initiatives. Societe Generale positioned its stablecoins around cross-border payments, onchain settlements, currency and cash management, while Oddo BHF launched a MiCA-compliant euro stablecoin. Meanwhile, a consortium of banks including ING, UniCredit and BNP Paribas is preparing a Swiss franc stablecoin for the second half of 2026.
Konstantin Wasilenko, co-founder and director of business development at Paybis, said the platform is seeing growing demand for compatible stablecoins in Europe. Between October 2025 and March 2026, Paybis EU USDC (USDC) volume increased by approximately 109%, while its share of total stablecoin activity increased from approximately 13% to 32%.
Wasilenko added that in the EU, Paybis stablecoin purchase volume remained approximately five to six times higher than sales volume during the period from October 2025 to March 2026. He also noted that the average stablecoin transaction size was approximately 15% to 35% larger than typical Bitcoin (BTC) or Ether (ETH) transactions. “This usually indicates working capital, accrual utilization and more thoughtful business flows,” he said.
Related: Hong Kong awards first stablecoin licenses to Anchorpoint and HSBC
Stablecoin volume could reach $1.5 trillion by 2035
A novel report from Chainalytic shows that stablecoin transaction volume could augment dramatically over the next decade, reaching as much as $719 trillion by 2035 in organic growth scenarios, up from around $28 trillion in 2025.
In a more aggressive scenario, volumes could grow to $1.5 trillion if stablecoins become the dominant payment infrastructure and the transfer of wealth from baby boomers to younger, more crypto-cryptic generations accelerates adoption.
Will Harborne, CEO of stablecoin infrastructure provider Rhino.fi, said that over the next few years, stablecoins will become increasingly crucial for corporate treasury, cross-border settlements and currency exchanges between euro and dollar stablecoins.
“I think every company will eventually start accepting and using stablecoins in some form, and companies that prepare early will be in the best position when this shift becomes mainstream,” he said.
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