"MiCA will shape Euro-backed stablecoins in 2026."

Effects of MiCA

DECTA predicts that euro-backed stablecoins will gain an advantage when MiCA (Markets in Crypto-Assets Regulation) comes fully into effect in 2026. This regulation will create a unified framework where reserves, auditing, and operations come together.

Growth Expectations

DECTA emphasizes that growth in this area will depend on the ability of MiCA-authorized issuers to scale banking infrastructure, the use of institutional regulation, and the growth of consumer-focused payment channels.

Future of Unregulated Tokens

The payment company expects unregulated and synthetic euro tokens to be replaced by regulated stablecoins. However, it is noted that this adoption will vary among the member states of the European Union.