Stablecoins Dominate European Crypto Payments

According to a new report by Oobit, stablecoins power more than 75% of all cryptocurrency payments across several European countries. This surge in usage highlights the growing real-world utility of digital currencies beyond speculative investment.

Retail and Travel Lead Spending Categories

The data collected over the past 30 days points to retail and travel as the primary categories for crypto payments. In countries like Germany, Spain, and Poland, most stablecoin transactions were made for retail goods, particularly food and beverages. Conversely, travel-related expenses dominated in France, Italy, Greece, and Ireland.

Poland, Lithuania, and Estonia Leading Adoption

Poland stands out as a top stablecoin adopter, contributing over 30% of retail purchases through stablecoins like USDC on the Oobit platform. This adoption is supported by new Polish regulations designed to align with the EU's Markets in Crypto-Assets (MiCA) framework. Similarly, Lithuania and Estonia show increasing stablecoin use, with Lithuania experiencing a doubling of Euro-backed EURR transactions recently, supported by its robust crypto licensing environment.

Regulatory Clarity Boosts Crypto Integration

The report underscores how regulatory clarity and supportive legal frameworks encourage wider adoption of crypto payments. As more European countries create structured legal environments for stablecoins and digital assets, consumers increasingly integrate crypto into everyday transactions, signaling a shift toward mainstream acceptance.