Analysis suggests that the MiCA regulation will determine the fate of euro stablecoins in 2026.

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According to Mars Finance, German payment processor DECTA predicts that the euro-pegged stablecoin market will reach a key turning point with the full implementation of the European Crypto Asset Markets Regulation (MiCA) in 2026. MiCA will establish a unified framework for reserve, regulatory, and operational standards, potentially promoting the application of euro-pegged stablecoins in payment systems, trading platforms, and tokenized financial infrastructure. Market growth will depend on the speed at which MiCA-licensed issuers establish distribution channels and banking connections, as well as the adoption rate by institutions and consumers.

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