Citigroup: Total stablecoin market value is expected to surge to over $2 trillion in 2030

暴哥正能量

趋势研究员

04-25 08:59

On April 25, banking giant Citigroup said in a new report released Thursday that with the popularity of stablecoins, the bank predicts that the total market value of stablecoins may grow 10 times by 2030, from its current nearly $240 billion to more than $2 trillion, according to The Block.

"In our benchmark forecast, total stablecoin circulation could reach $1.6 trillion in 2030, and $3.7 trillion in optimistic scenarios," Citi said in the report. "The financial and public sector adoption driven by regulatory change" could trigger historic changes in the cryptocurrency market.

However, Citi also hedged the forecast risk, saying that if the "adoption and integration challenges continue", the stablecoin market size may only reach US$500 billion by then.

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