| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107251.5500000000 |
| ETH | $2429.6280000000 |
| BNB | $649.1998200000 |
| XRP | $2.1821860000 |
| ADA | $0.5616671000 |
| SOL | $149.9201000000 |
| DOGE | $N/A |
| DOT | $3.3877000000 |
| LTC | $86.3774000000 |
| LINK | $13.3016500000 |
Category: CRYPTO NEWS
The post Bitcoin Price Could Hit $475K Per Coin as Citigroup issues $1.6 Trillion Stablecoin Prediction appeared on BitcoinEthereumNews.com. Bitcoin price is predicted to hit $475,000 as Citigroup hints stablecoins could reach $1.6 trillion by 2030, with top crypto VC firm, identifying on-chain payments and institutional demand as key bullish catalysts. Citigroup Forecasts $1.6 Trillion Stablecoin Market by 2030 Citigroup has projected that the stablecoin market could balloon to $1.6 trillion by 2030, citing increased adoption by institutions and integration with global payments. The report highlights a “multi-rail future,” where blockchain-based stablecoins become embedded in mainstream finance alongside traditional banking infrastructure. The prediction hinges on regulatory clarity and strong political backing, particularly from the U.S. This has ignited speculation that a Donald Trump presidency—widely perceived as more crypto-friendly—could fast-track these developments. At press time on Friday, April 25, the total stablecoin market cap stands at $240 billion, according to Coingecko data. Asides from Tether (USDT), other prominent stablecoins such as USDC and PayPal USD have surged in transaction volume in Q1 2025, as payment giants Visa and Mastercard integrates blockchain rails in cross-border settlements. Citigroup noted that the ongoing momentum, paired with favorable policy regime under Trump, could drastically expand stablecoin use cases—from remittances to tokenized assets—and indirectly lift the broader crypto market, including Bitcoin. Crypto VC Firm hints Stablecoin Growth could boost Crypto Market Inflows As of April 2025, the total stablecoin market capitalization stands at $240.16 billion, marking a 0.5% gain in the last 24 hours, according to CoinGecko. The market remains heavily dominated by fiat-backed stablecoins, which account for $235.99 billion, or nearly 98% of the sector. USD-backed stablecoins lead with $234.90 billion in market cap and a 0.5% daily gain. Stablecoin sector performance | Source: Coingecko Emerging categories show increasing momentum. Yield-bearing and crypto-backed stablecoins both rose 1.0%, while US Treasury-backed stablecoins gained 1.2%, reinforcing institutional interest in tokenized low-risk debt. Commodity-backed stablecoins also surged…
2025-04-26T03:35:16+00:00