Citi says stablecoins could hit $4 trillion in issuance by 2030

The stablecoins market could climb to $4 trillion in total issuance by the year 2030, according to a new report from ￰0￱ report was written by Ronit Ghose, head of future of finance at Citi Institute, and Ryan Rugg, head of crypto at Citi Services, who both see a base-case of $1.9 trillion and a bull-case of $4 trillion, both up from the earlier projection of $1.6 ￰1￱ said the update reflects strong growth expected in 2025 and the recent flood of projects from crypto-native platforms and traditional financial ￰2￱ and Ryan described stablecoins as the “catalyst for blockchain’s ChatGPT moment” when it comes to institutional ￰3￱ two compared it to the dotcom boom in the late ‘90s, saying that what’s happening now with crypto feels a lot like when the internet was still being ￰4￱ words: “We don’t believe crypto will burn down the existing system.

Rather, it is helping us reimagine it.” So far in 2025, the stablecoins market cap has jumped from $200 billion to $280 ￰5￱ report says if that pace continues, the projected $1.9 trillion in circulation could support up to $100 trillion in transactions each ￰6￱ even that number is small when compared to the $5 trillion to $10 trillion in daily transactions moved by top global ￰7￱ questions stablecoins as firms prefer tokenized deposits Despite the surge in adoption, Citi is still ￰8￱ and Ryan made it clear that stablecoins aren’t the magic solution for ￰9￱ noted that payments inside most countries already happen in real time and at a low cost, especially in places with advanced fintech ￰10￱ real issue still lies with cross-border payments, which are slow and expensive.

That’s where stablecoins could ￰11￱ even there, fintech apps and banks have already started cutting costs and speeding things up. “It is not a digital format war that we foresee,” the analysts said. “But a continued progress towards smarter, faster finance.” The bank also said most companies are still ￰12￱ their words, most firms remain “curious rather than enthusiastic” about using stablecoins in real operations. Instead, a lot of them prefer bank tokens, also known as tokenized deposits, digital versions of regular bank money that come with ￰13￱ said these might actually handle more transactions than stablecoins by ￰14￱ sell-off hits stablecoin firms and bitcoin-linked stocks While forecasts around stablecoins are growing, the overall crypto market isn’t having a great ￰15￱ coins dropped across the ￰16￱ slid under $112,000 on Thursday, dropping 2%.

Ethereum went down 5% to below $4,000, hitting its lowest price since ￰17￱ coins like Solana saw even steeper ￰18￱ this came after more than $1.6 billion in long positions were liquidated earlier in the ￰19￱ data showed $511 million in liquidations in the last 24 hours ￰20￱ wasn’t the only thing spooking crypto ￰21￱ markets are down too. A lot of investors are pulling back over concerns that AI hype pushed prices too far, and that the Federal Reserve might not cut interest rates anytime ￰22￱ is usually a shaky month for crypto, and this one’s no ￰23￱ issue is the Treasury General ￰24￱ ￰25￱ has been refilling it by selling T-bills and bonds, which sucks cash out of the market and hurts demand for riskier assets like crypto.

Crypto-related stocks were dragged down ￰26￱ and Coinbase each fell more than 1% on Thursday. MicroStrategy, which holds a large amount of Bitcoin, also took a ￰27￱ did Circle, the firm behind one of the top ￰28￱ international regulators are debating new rules for how stablecoins should be issued and ￰29￱ big names like PayPal have already added more stablecoin offerings, while retailers like Walmart and Amazon are exploring building their ￰30￱ Bybit now and claim a $50 bonus in minutes