European banks and companies are moving from research to offering in the stablecoin market.
summary
- European banks and companies are now choosing stablecoin partners instead of just studying market opportunities.
- MiCA gave companies a single rule book, helping stablecoin projects move faster from planning to implementation stages.
- Demand for corporate treasury is driving the use of stablecoins for payments, settlement, and cross-border movement of funds today.
New comments from industry executives show that companies are now selecting partners and preparing direct use cases under MiCA rules.
Stablecoin conversations in Europe have changed over the past 18 months, said Lamin Brahimi, co-founder and managing partner at Taurus. Previous discussions focused on education, risk and compliance, but companies are now moving on with board approval and launch plans.
MiCA has helped accelerate this transformation by replacing separate national rules with a single framework across the region, he told Cointelegraph. Brahimi said some of Europe’s most stringent financial institutions now view digital assets and stablecoins as part of the existing banking stack, rather than something outside of it.
Corporate Treasury Demand Forms Use Cases
Corporate treasury teams are driving much of the demand for new stablecoins in Europe. Businesses want faster movement of funds, lower payment costs, and access to settlement outside normal banking hours.
Al-Ibrahimi said that the transformation now comes from direct customer needs and not from long-term planning. When customers demand better settlement and smoother cross-border transfers, the discussion becomes more urgent and practical, he said.
Several European institutions have already come forward with stablecoin plans. Clearbank Europe He said It has become the first Dutch credit institution approved under MiCA to operate as a crypto-asset service provider.
Other groups are also building new products. A consortium including ING, UniCredit, CaixaBank and BBVA is working on the Qivalis project, which is Aramco. Euro stablecoin project for structured payments and settlements across the network, while other banks are preparing stablecoin offerings in Swiss francs and euros for 2026.
Data shows stronger commercial interest
Konstantin Vasilenko, co-founder and chief business development officer at Paybis, said the platform recorded sharp growth in the use of stablecoins in the EU. Between October 2025 and March 2026, USDC volume in the EU rose by about 109%, while its share of stablecoin activity increased from about 13% to 32%.
He also said that buying volume remained about five to six times higher than selling volume during that period. Average stablecoin transactions were also larger than usual Bitcoin Or ether trades, which he said indicate working capital, the use of settlements, and more deliberate business flows.
