$BTC Citi Projects Stablecoin Market at $1.6T to $3.7T by 2030, Highlights Blockchain's Rise in Banking Sector
In its April 2025 Global Perspectives and Solutions report, Citi Institute underscores the growing adoption of blockchain technology by banks and the public sector, spotlighting stablecoins and system modernization.
The report forecasts the stablecoin market could reach $1.6 trillion by 2030 in its base case, driven by regulatory clarity and US dollar demand, potentially spurring $1 trillion in new US Treasury purchases.
In a bullish scenario, the market could soar to $3.7 trillion, though a bearish case projects $0.5 trillion if challenges persist. Blockchain applications in public spending transparency, digital identity, and asset tokenization are gaining momentum, but scalability, regulatory issues, and public perception remain hurdles to widespread adoption.