Stablecoin Market Could Reach $4 Trillion by 2030, Citi Says in Revised Forecast
The stablecoin market is expanding faster than expected, with issuance volumes rising from about 280 billion as of Thursday, according to a report by Citi. The bank has lifted its 2030 forecast for stablecoin issuance to 4 trillion in a bull case, up from 3.7 trillion respectively. If stablecoins circulate at a velocity comparable to fiat currencies, they could support up to $100 trillion in annual transactions b ...