Citigroup: the stablecoin market could reach $3.7 trillion by 2030
According to a forecast by the Citi Institute, the volume of the stablecoin market could range from $0.5 trillion to $3.7 trillion by 2030, depending on the scenario for technology adoption. This is stated in a new report titled Blockchain & Digital Dollar.
Analysts identified three likely scenarios:
▫️ Bearish: $0.5 trillion with weak integration and regulatory constraints. ▫️ Base: $1.6 trillion with moderate growth in usage for payments and trading. ▫️ Bullish: $3.7 trillion with widespread adoption in payments and cross-border transfers.
According to the forecast, around 90% of stablecoins will be denominated in US dollars. Issuing companies could become some of the largest holders of US Treasury bonds, investing more than $1 trillion in them under the base scenario.
Citigroup highlights the main areas of stablecoin application: trading on cryptocurrency exchanges, international remittances, cross-border payments, and use in banking liquidity.$BTC $ETH $BNB
People, where has all the hype about the Binance app, Moonbix gone???? promised one thing, got nothing. the same situation with OKX race and other TG apps.
I've noticed a trend that no matter how much people criticize HMSTR, it is only growing. NOT did not just fall, it has crashed from a range of 0.003 to less than 0.002 now; yesterday's spike is just a drop in the ocean. But where did the token's capitalization go??? I just can't believe that everyone suddenly started dumping tokens and the cap went from 1 billion - 900 million $ downgraded to a miserable 190-200 million, especially if we count from the moment when the token NOT was worth 0.028¢, this is an enormous drop for them, more accurately into the abyss. Is it true that the market maker has completely ignored this??? Or is it yet another dump to later pump the token and revive the TON ecosystem after many scam projects???. Well, time will tell. But personally, it’s upsetting to see NOT falling while HAMSTER is rising.
yes, and not only in this one but also in RX, but there the amounts are in tens of thousands $, in general, everything that is on tone after notcoin and doge I consider garbage, and a money grab
binansist
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And what characters were smart enough to invest in this garbage?!?!
PAWS turned out to be a major scam. Not only did many not recover their investments, but the website was also taken down, so anyone with a connected wallet should disconnect it just in case.
Will there be an alt season this year??? One can say one thing about the market, the number of people interested in altcoins is decreasing. Last year, interest in altcoins was fueled by Notcoin and Dogs, while all the others were complete scams. They flooded the market with money, after which people started buying them back, believing in the growth of assets. In principle, NOT grew to almost 0.03¢, having a market cap of $3 billion. At the moment, there are 2 development options: either they will create 1 powerful project that will distribute easily and simply, or they will pump the coins that have made noise. It would be interesting to know which choice will be made. $BTC $ETH $BNB #NOTCOİN #TON
At the moment, I would say there is a chance for the SUPRA token to rise. It is not traded on Binance, but it is available on OKX and BYbit. There was a rise, now it is in a downturn due to unlocks, so whether to buy back or not is up to you. I acquired it for 150$ . At the peak of growth, it was 0.08¢, and currently, it is trading at 0.005, so it's up to you. I won't lose 150$ , but there is potential for growth.
Well then, let's talk a little about Notcoin. As we can see, the price is falling like a stone; my opinion on this is that the developer is artificially lowering the price to suddenly pump it later. Then, just like with Trump, people will buy back NOT due to their own greed, seeing its rise, etc. When to expect the pump??? - Possibly on the listing date, as it will be exactly 1 year. - Is there money for the pump? - Yes, there is, as we need to attract people to the TON ecosystem somehow. After all, it’s not for nothing that the NOT cap was $1 billion; these are all calculated moves, and this year I think they will definitely surprise us. After all, there are not many projects that came out in 2024 that gave x3. They can be counted on the fingers of one hand. #NOTCOİN #Token2024Dubai $NOT
Jokes aside, but with a cap of 3 billion $ to fall to 170 million $ is really not cool, where are the market makers looking?? They just pumped the coin, people started buying it back, and then they dumped it.
cripto_father
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#NOT #Durov $NOT
A couple of weeks later, Durov once again publicly spoke about Notcoin, noting the continued explosive growth. In early June 2024, he reported that the tokens gifted to him by Notcoin had already quadrupled in value from $6 million to $24 million. He also pointed out that the daily trading volume of NOT exceeded $4 billion, and the token entered the list of the five most popular on the market by volume. In this same statement (published around June 3-4), Pavel particularly praised the technological foundation of NOT, calling the NOT blockchain the only one existing capable of scaling for a new wave of mass projects similar to Notcoin. Thus, on public platforms (primarily in his Telegram channel), Durov openly acknowledged the success of Notcoin, indicating specific metrics and expressing confidence in the continued growth of the project.