Golden Finance reports that JPMorgan analysts have stated that the EU's landmark regulation on crypto assets (MiCA) will take effect on December 30, 2024, which may increase the market share of euro-pegged stablecoins. In a report, JPMorgan analysts noted that currently, euro-pegged stablecoins only account for 0.12% of the stablecoin market share, but MiCA could improve this situation by encouraging European banks and financial institutions to adopt euro stablecoins to meet customer demand and blockchain-based financial settlements. Analysts pointed out notable examples, including the EURCV stablecoin from Crédit Agricole and the stablecoin BBVA plans to launch in partnership with Visa.