The adoption of stablescoinns increases rapidly across Europe, now following the United States. However, he does not know the type of adoption he was looking for. Today, people from the whole region opt mainly for stablescoins supported by the USD instead of those supported by the Euro.
Consequently, the current dominant stablecoin presents a risk for the monetary sovereignty of Europe. In an interview with Beincrypto, Alexander Hoepepner, CEO of Allunity – the first stable -souppod transmitter supported by the euro in Germany – explained that the increase in the demand for stable stables supported by the euro could help avoid a drop in the role of the euro in digital finance.
European Stablecoin paradox
The use of stablescoin is quickly resuming the European Union, but it is not the most favorable type of adoption to the region.
According to recent Crypto Rank data, North American transactions from Stablecoin jumped almost 42% from 2024 to 2025. Although the EU share of 34%, it represented a significant jump of 16% just the previous year.
Despite this increase, 99.8% of the total stablecoin supply remains based on USD. The particular proliferation of stablecoins supported by the USD is worried about European leaders, in particular at a time when countries with the strongest fiduciary currency seek to keep it so.
The role of mica in the displacement of the preferences of the ecupille from Europe
The domination of the US dollar in the world economy has made it the default assets for users around the world, creating increased competition with other currencies such as Euro, Pound and Yen.
Before the introduction of the markets in the regulatory framework of markets in crypto-sets (Mica) in December of last year, European users were little encouraged to adopt stablecoins supported by the euro. The widespread use of the stablescoins supported by the USD, driven by the established role of the dollar, offered the stability and liquidity of users.
Using them in this situation also means counting on the American regulatory system, which jeopardizes the international position of the euro and makes it more vulnerable to the development of American policies.
“The current American administration presents a risk of uncertainty to the stability of the American monetary system and to the regulatory framework of the digital economy despite the adopted engineering law … Generalized use could form a negative dependence which could be exploited against the interests of the EU,” said Hoeprypto.
However, with the Mica now in place, there is a clearer motivation for European users to move on to the stablescoins supported by the euro, because the region creates a more structured and regulated alternative to the active assets supported by the USD.
What is the promise of stablescoins supported by the euro?
The stablecoins supported in Euro offer a crucial alternative for European users to transform digitally flawless at the USD.
They also provide an essential service by acting as a bridge currency for cross -border trade. Companies and individuals can perform more rationalized international transactions while reducing exposure to risks in foreign currencies.
“This would not expose European users to regulatory uncertainty and would also secure digital identity in Europe which is necessary for the use of parts,” added Hoepptner.
Even with the Mica bringing more coherent rules, the European Union still has trouble establishing a single approach to manage its currency, because there is not a central financial body supervising all of this.
“The biggest challenge is that, although we have a unified regulatory framework with Micar, we do not essentially have a unified European monetary policy comparable to the United States when it comes to putting pressure for a general adoption of stablecoins,” said Hoepptner.
As we can see in many cases, however, the growing adoption of cryptography also comes with traditional financial institutions threatened by such a change.
Traditional players: Resisting change or seizing opportunities?
The established financial institutions are generally cautious about the adoption of new technologies or systems, in particular when they have spent decades to develop and refine traditional financial infrastructures.
The integration of stablecoins supported by the euro introduces a passage from inherited banking practices and Fiat systems familiar to which these institutions are used. Lack of understanding or fear of loss of control can encourage financial institutions to resist this change.
According to Hoepptner, the greatest risk that the institutions themselves can run lies in doing nothing at all.
“The fear of the adoption of the old establishment is the greatest risk which could essentially harm when, instead of fighting the risks of digitization, rejection leads to ultimate dependence on a non-European solution,” he said.
A stablecoin supported by the euro could, in fact, complete the digital euro, the digital version supported by the government of the national currency of the EU.
The official digital euro would guarantee security, stability and regulatory surveillance, while private stablecoins offer greater flexibility, programmability and access to innovative features such as intelligent contracts and decentralized finances.
In this scenario, these two forms of digital money would not be direct competitors but would rather play complementary roles in the digital economy of Europe. Together, they could provide a wider range of options for users and businesses.
Reduce dependence and improve influence
While the stablecoins supported by the USD currently dominate Europe, the implementation of the Mica regulation opens the door to the stablecoins supported by the euro to gain importance. As adoption increases, these stablecoins can reduce Europe’s dependence on the US dollar and serve as a bridge currency.
In the future, the integration of the stablescoins supported by the euro alongside the digital euro could strengthen the financial sovereignty of Europe, improve its competitiveness and reduce dependence on external currencies.
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