The stablecoin market is expanding faster than expected, with issuance volumes rising from about $200 billion at the start of 2025 to $280 billion as of Thursday, according to a report by Citi. The bank has lifted its 2030 forecast for stablecoin issuance to $1.9 trillion in its base case and $4 trillion in a bull case, up from $1.6 trillion and $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 ...

The market for stablecoins could balloon in the next five years, according to a new report from Citi. "Stablecoins are a catalyst for blockchain’s ChatGPT moment in institutional adoption," wrote Ronit Ghose, global head of future of finance at Citi Institute, and Ryan Rugg, global head of digital assets at Citi Services. Citi now forecasts stablecoin issuance could reach $1.9 trillion by 2030 in its base case, up from a previous estimate of $1.6 trillion. In a bull case, issuance could soar to $4 trilli ...