Western Europe’s Crypto Economy Reaches $2.08T as Stablecoin Holdings Surge 131%
Summary
Chainalysis reported that Western Europe processed $2.08 trillion in crypto activity from July 2025 to June 2026, up 1.2% despite a global downturn, making it the world’s second-largest regional crypto economy. Stablecoin holdings in personal wallets rose 131%, versus 52% globally. The UK remained the largest market at $424.5 billion, though activity fell 8%; domestic stablecoin transfers surged to $2.09 billion. France’s personal-wallet stablecoin balances grew 192%, alongside increased exchange withdrawals into stablecoins. The report notes MiCA’s regulatory framework as a potential influence on future growth, but does not establish a direct cause for adoption trends.
