Stablecoins are no longer just for crypto traders. A new report by the Citi World Banking Giant reveals that stablecoins could reach a market capitalization of $ 3.7 Billions by 2030Motivated by the expansion of real world use cases such as payments, funds and institutional finances.
Here is a ventilation of the report and what it means for the future digital assets.
Presentation of the Stablescoin market
Total Stablecoins market capitalization is currently located $ 245.4 billionwith a 24 -hour trading volume of $ 86.7 billion.
Top stablecoins by market capitalization:
- TETHER (USDT): 149.97 billion dollars
- USD part (USDC): 60.71 billion dollars
- USDS: $ 7.72 billion
- ATHENA USDE And Dai close up
Tether also dominates the volume of trading with more $ 76 billion exchanged in the last 24 hours.
Citi Stablecoin forecasts: what to expect by 2030
Citi’s Future of Finance report describes two scenarios for stable growth:
- Basic case: 1.6 Billion of stock market dollars by 2030
- Bull case: 3.7 Billion stock market cup by 2030
According to Ronit GhoseThe Citi world leader, the future of finance, the stablecoins evolve in tools for:
- Cross -border payments
- Domestic discounts
- SMEs and corporate transactions
- Tokenized asset regulation
Ghose explains that stablescoins allow global users to hold American dollars or affordable and efficient euros.
Payment companies stimulate adoption
Supporting Citi’s prediction, Fireblocks shared the adoption data of the real world showing that:
- Payment companies represent 11% of their customers
- But they explain 16% Stablecoin transactions
- Transaction volumes increase 30% quarter in quarter
- During the last 90 days, fiery items have been treated $ 517 billion In USDT and USDC
- $ 82 billion from payment -oriented customers
These data confirm that the use of the real world increases rapidly, in particular in the payments sector.
Rules of stables and adoption of banks
The future of stablecoins will also depend on the evolution of global regulations. A key question remains: Will banks use stablecoins, CBDC or both?
According to Ghose de Citi, the answer depends on national strategies:
“Some countries can promote stablecoins, others will support CBDC and some may adopt both, depending on their regulatory environment.”
Conclusion
With an increasing adoption between businesses and payment networks, Stablecoins go to consumer finance. The projection of Citi of a market capitalization of 3.7 billions of dollars by 2030 could soon move from the possibility to reality.
