Citi projects $1.9 trillion stablecoin boom by 2030
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 1.6 trillion. In a bull case, issuance could soar to $4 trilli ...