| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107310.8200000000 |
| ETH | $2434.0770000000 |
| BNB | $648.0019600000 |
| XRP | $2.1826000000 |
| ADA | $0.5648130000 |
| SOL | $150.4977000000 |
| DOGE | $N/A |
| DOT | $3.4027100000 |
| LTC | $86.1875000000 |
| LINK | $13.3566800000 |
Category: CRYPTO NEWS
The post Citigroup Predicts Stablecoin Market To Grow By $1.6 Trillion By 2030 appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure American banking giant Citigroup has shared a highly bullish forecast of the stablecoin market in its latest market perspective report. Alongside this intriguing insight, Citigroup has also highlighted potential hurdles and roadblocks for these fiat-peg virtual assets. US Regulatory Framework To Spur Stablecoin Growth In a market report released last week, Citigroup is backing the stablecoin market to witness at least a 7x supply growth over the next five years. The multinational investment bank has tied this bullish position to the obvious intentions of the current US administration to draft policies that support the growth of the digital asset industry. Notably, in January 2025, US President Donald Trump ordered the creation of a crypto working group to create a federal regulatory framework in line with the demand of the nascent industry. According to Citigroup, the establishment of this regulatory framework, as well as increased adoption of digital assets by existing financial institutions, is expected to drive the demand for stablecoins. Data from DefiLlama shows that the value of the stablecoin market grew by 30x in the last years as the total crypto market surged by over 1400% in the same time. While Citigroup notes it’s difficult to make future predictions, the current scenario and past performances suggest stablecoin supply could rise by $1.6 trillion by 2030 in a base case 2030. In a bullish scenario, the investment bank predicts the stablecoin market could gain by $3.7 trillion, while a bearish case would only support market growth by $0.5 trillion. Interestingly, Citigroup also explains that a US stablecoin regulatory framework would boost the demand for dollar risk-free assets within and outside the US. This is because stablecoin issuers are required to hold US Treasuries or other low-risk assets as collateral…
2025-04-27T02:35:12+00:00