Stablecoins can expand to 1.6 trillion USD by 2030, says Citigroup

Citigroup predicts that stablecoins will grow to 1.6 trillion USD by 2030, with a bullish scenario of 3.7 trillion USD. This growth is expected as issuers become major holders of US Treasuries, reflecting the ongoing dollarization in the crypto market.

Despite potential growth, stablecoins carry risks like price volatility. Citigroup also notes the role of blockchain in enhancing public spending transparency and the likelihood of stablecoins serving as a liquidity source in developing markets.

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