According to CoinMeta, the European Securities and Markets Authority (ESMA) requires crypto companies in the EU to eliminate their existing exposure to stablecoins that do not comply with regulatory requirements by January 8, 2027. ESMA has given financial regulators in various countries 90 days to oversee this process. Although these restrictions may lead to transactions being moved out of the European market, it does not mean that there will be a decrease in the global demand for US dollar-denominated stablecoins. According to a survey, 53% of respondents indicated they have experience using euro-stablecoins, which indicates interest in such coins. The ESMA's guidelines also cover various monetary processes such as trading, custody, transfer, investment advice, and overall portfolio management. Regulators in each country must ensure that companies holding relevant certificates cease providing any non-compliant stablecoins and restrict customers from increasing their holdings of these stablecoins.