Citi predicts that the financial volume of the stablecoins market could reach $3.7 trillion by the end of the current decade.
The mentioned result may become a fact of objective reality against the background of the implementation of new regulatory measures that facilitate the integration of dollar-pegged coins into the space of the mainstream economy. This assumption is contained in the Citi’s forecast.
The report from the Citi Institute’s Future Finance think tank noted that stablecoins, which have already moved into the payments/remittances sector, are likely to replace some overseas and domestic US currency holdings. The financial volume of the stablecoin market currently stands at about $240 billion.
The baseline forecast from Citi predicts that by 2030, this figure will increase to $1.6 trillion. It was noted that the corresponding assumption will become a reality provided that regulatory support and institutional integration continue apace. A more optimistic scenario predicts that the market will grow to $3.7 trillion.
Expanding our thoughts on the growth prospects of the stablecoins market beyond the statements and assumptions contained in the mentioned report, it is worth noting that in this case, one of the main factors that can potentially contribute to the materialization of a positive scenario is the growing demand for digital payment systems. Despite some skepticism about virtual financial functional spaces, consumers are increasingly interacting with the specified systems. These circumstances are already a factor contributing to the growth of the stablecoins market. Technological innovations, integration with DeFi ecosystems, and the development of blockchain are also sources of beneficial effects in this case.
As we have reported earlier, Citi and SDX to Unlock Access to Tokenized Private Market Assets for Global Issuers and Investors.
