Citi Bank pointed out earlier this week in its latest report that 2025 could become the 'ChatGPT moment' for blockchain. According to the report's forecast, stablecoin issuers may become one of the top holders of U.S. Treasury securities, surpassing many major sovereign nations, and 2025 may become a turning point for blockchain adoption driven by stablecoins, similar to the explosive growth AI experienced in the year driven by the popular application ChatGPT.
According to Coindesk, the core asset predicted by Citi is stablecoins pegged to the U.S. dollar, currently led by Tether's $145 billion market cap and Circle's $60 billion market cap. Stablecoins have recently seen rapid growth and their applications in global payments and remittances are increasing.
Citi predicts in its baseline scenario that this asset class could grow from the current $230 billion to $1.6 trillion by 2030, provided that regulatory support is obtained and institutional integration accelerates. In a more optimistic scenario, the market size could even expand to $3.7 trillion; however, if structural challenges persist, in the most pessimistic scenario, the market size may only reach $500 billion.