PANews February 3 News, according to The Block, Standard & Poor’s Global Ratings (S&P) predicts in its latest report that the euro stablecoin market size could reach €1.1 trillion (approximately $1.3 trillion) by 2030, representing a roughly 1600-fold increase from the €6.5 million (about $7.67 million) baseline at the end of 2025. Under the baseline scenario, S&P expects the market to reach €570 billion (about $672 billion) by 2030, accounting for 2.2% of the total eurozone bank deposits. The report attributes the growth mainly to the demand for asset tokenization investments and notes that the EU’s Markets in Crypto-Assets Regulation (MiCA) came into effect on January 1, 2025, providing a clear regulatory framework for issuers. S&P believes that, compared to the current primary use of cryptocurrencies for trading, stablecoins’ applications in the real world will support this rapid growth.