Municipal wastewater (MWW) provides a promising platform for microalgae cultivation due to its rich content of essential nutrients. Recent research has showcased the multifaceted benefits of microalgae-based wastewater treatment, from the potent depollution capabilities of these organisms to their biomass potential for ecofriendly applications. A significant advantage lies in the ability of these systems to promote environmental sustainability without producing secondary pollutants, aligning with the circular economy model. This approach encompasses various stages, from cultivating microalgae to biomass separation and subsequent valorization. However, challenges arise when scaling these systems to industrial levels. A predominant barrier is the difficulty in maintaining consistent control over all the factors influencing wastewater phytoremediation. This can compromise both biomass survival and the efficiency of pollution removal and valorization. Notably, using native microalgal consortiums from the effluent appears to be a promising strategy. These autochthonous communities often demonstrate superior adaptability and treatment capacity, emphasizing the importance of further exploring their potential to provide effective and economically viable solutions for wastewater treatment.