📈 Citigroup: Stablecoin Market Could Hit $3.7 Trillion by 2030
In a new report, Citigroup lays out 3 scenarios for the future of stablecoins:
🐻 Bear case: $0.5T — if regulation stays tight and adoption remains low. 📊 Base case: $1.6T — with moderate growth in trading and payments. 🚀 Bull case: $3.7T — if stablecoins go mainstream for global payments.
💵 90% of all stablecoins are expected to be USD-backed, and issuers could end up holding over $1T in U.S. treasuries, rivaling major global banks.
Main use cases?
• Crypto trading • Cross-border payments • Global settlements • Bank liquidity optimization