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Citi: Stab...
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Citi: Stablecoin Market Could Hit $3.7 Trillion By 2030

  • Citi predicts stablecoin market could reach $3.7 trillion by 2030, surpassing the current global cryptocurrency market cap.
  • Regulatory support and institutional integration are key factors driving this growth, with stablecoins playing a significant role in mainstream economy.
  • Stablecoins are expected to replace some overseas and domestic U.S. currency holdings, serving as the cash leg for tokenized financial assets and payments by SMEs and large corporates.
  • Shift towards stablecoins for payments rather than just settlement and trading tools is observed, with stablecoin volume projected to increase significantly in the next 12 months.

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