Western Europe’s Crypto Economy Reaches $2.08T as Stablecoin Holdings Surge 131%

Western Europe’s crypto economy continued to expand despite a broader global market downturn, reaching $2.08 trillion in annual transaction activity as stablecoin adoption accelerated across the region. A report published by blockchain analytics firm Chainalysis on November 9 found that crypto activity increased 1.2% between July 2025 and June 2026. This made Western Europe the world’s second-largest regional crypto economy and placed it among only three regions to record positive growth during the period. Stablecoins were one of the strongest areas of expansion. Holdings in personal wallets across Western Europe climbed 131%, significantly outperforming the global growth rate of 52%.