Citigroup: Expects the stablecoin market size to reach $4 trillion by 2030

ChainCatcher news, Citigroup released the report "Stablecoins 2030," indicating that it has raised the forecast for stablecoin issuance to a baseline of $1.9 trillion by 2030, with an optimistic scenario potentially reaching $4 trillion. The report also states that if the circulation velocity is at 50 times (similar to the level of fiat currency payment speed), it is predicted that by 2030, stablecoins could support approximately $100 trillion in transaction activity annually, and in the best-case scenario, it could reach $200 trillion.

According to DefiLlama data, the total market capitalization of stablecoins is currently about $296.8 billion, with USDT accounting for 58.75%.