The post Stablecoins to Hit $3.7 Trillion by 2030, Says Citi Bank appeared first on Coinpedia Fintech News
Stablecoins are no longer just for crypto traders. A new report by global banking giant Citi reveals that stablecoins could reach a market cap of $3.7 trillion by 2030, driven by expanding real-world use cases like payments, remittances, and institutional finance.
Here’s a breakdown of the report and what it means for the future of digital assets.
The total market capitalization of stablecoins currently stands at $245.4 billion, with a 24-hour trading volume of $86.7 billion.
Top stablecoins by market cap:
Tether also dominates trading volume with over $76 billion exchanged in the past 24 hours.
Citi’s Future of Finance report outlines two scenarios for stablecoin growth:
According to Ronit Ghose, Citi’s Global Head of Future of Finance, stablecoins are evolving into tools for:
Ghose explains that stablecoins allow global users to hold US dollars or euros affordably and efficiently.
.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}
.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}
.entry ul.article-inside-link li:last-child {
display: none;
}
Supporting Citi’s prediction, Fireblocks shared real-world adoption data showing that:
This data confirms that real-world use is growing rapidly, particularly in the payments sector.
The future of stablecoins will also depend on evolving global regulations. One key question remains: Will banks use stablecoins, CBDCs, or both?
According to Citi’s Ghose, the answer depends on national strategies:
“Some countries may favor stablecoins, others will back CBDCs, and some may adopt both, depending on their regulatory environment.”
With growing adoption across businesses and payment networks, stablecoins are moving into mainstream finance. Citi’s projection of a $3.7 trillion market cap by 2030 may soon shift from possibility to reality.
.article_register_shortcode {
padding: 18px 24px;
border-radius: 8px;
display: flex;
align-items: center;
margin: 6px 0 22px;
border: 1px solid #0052CC4D;
background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%);
}
.article_register_shortcode .media-body h5 {
color: #000000;
font-weight: 600;
font-size: 20px;
line-height: 22px;
text-align:left;
}
.article_register_shortcode .media-body h5 span {
color: #0052CC;
}
.article_register_shortcode .media-body p {
font-weight: 400;
font-size: 14px;
line-height: 22px;
color: #171717B2;
margin-top: 4px;
text-align:left;
}
.article_register_shortcode .media-body{
padding-right: 14px;
}
.article_register_shortcode .media-button a {
float: right;
}
.article_register_shortcode .primary-button img{
vertical-align: middle;
width: 20px;
margin: 0;
display: inline-block;
}
@media (min-width: 581px) and (max-width: 991px) {
.article_register_shortcode .media-body p {
margin-bottom: 0;
}
}
@media (max-width: 580px) {
.article_register_shortcode {
display: block;
padding: 20px;
}
.article_register_shortcode img {
max-width: 50px;
}
.article_register_shortcode .media-body h5 {
font-size: 16px;
}
.article_register_shortcode .media-body {
margin-left: 0px;
}
.article_register_shortcode .media-body p {
font-size: 13px;
line-height: 20px;
margin-top: 6px;
margin-bottom: 14px;
}
.article_register_shortcode .media-button a {
float: unset;
}
.article_register_shortcode .secondary-button {
margin-bottom: 0;
}
}
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.