The Stablescoin market extends faster than expected, emission volumes from around 200 billion dollars at the start of 2025 to $ 280 billion on Thursday, according to a Citi report.
The bank raised its 2030 forecasts for the issue of stabing at 1.9 billion of dollars in its basic case and 4 dollars of dollars in the event of a bull, compared to 1.6 billion of dollars and 3.7 billions of dollars respectively.
If the Stablecoins circulate at a speed comparable to fiduciary currencies, they could support up to 100 billions of dollars in annual transactions by 2030 in the basic scenario and double that in the Bull case. Citi argued that this growth reflects the “chatgpt moment” of the blockchain while digital companies indicate adoption in the real world.
However, the report suggests that the stalls may not dominate all finances on the chain. Banking tokens – such as token deposits – could finally see higher transactions volumes, drawn by the request for a business of regulatory guarantees, real -time payment and integrated compliance. A small migration of traditional chain bank rails, said Citi, could push the turnover of bank tokens beyond 100 billions of dollars by the end of the decade.
Forecasts also highlighted the continuous role of the US dollar. Most chain funds remain denominated in dollars, fueling the demand for treasury bills, although hubs like Hong Kong and water emerge as experimentation centers.
Citi has supervised the rise of stablecoins not as a battle to replace banks, but in the context of a broader reimagination of financial infrastructure. Different forms of digital money – Stablecoins, bank tokens and CBDC – are likely to coexist, each finding its niche.
