Banking Giant Citigroup Made a Stunning Prediction for the Cryptocurrency Market!

Citigroup made a striking prediction for the future of stablecoins, forecasting that the total supply could reach up to 3.7 trillion dollars by the end of the decade.

The banking giant suggested in a report it published that it could experience a "ChatGPT moment," which is a turning point for the widespread adoption of blockchain technology.

According to Citigroup, the current stablecoin market, which is around 240 billion dollars, could grow more than tenfold under favorable conditions. The bank expects the supply to reach 1.6 trillion dollars by 2030 in its base scenario, while in its bullish forecast, it predicts this figure will rise to 3.7 trillion dollars.

The report stated, "Regulatory changes in the finance and public sectors could transform the crypto coin market." However, acknowledging potential barriers, the bank noted that if integration and adoption challenges persist, the market could reach only $500 billion by 2030.

The timing of the report coincides with a period of increasing optimism about crypto regulations in the United States. Since President Trump's inauguration earlier this year, Congress has been actively discussing legislation to regulate stablecoins, a move that could accelerate institutional entry into the sector. Major firms like Bank of America are reportedly exploring opportunities to issue USD-backed crypto tokens.

Citigroup, drawing attention to the potential effects of a regulatory green light, stated that "a U.S. regulatory framework for stablecoins could create net new demand for U.S. Treasury bonds and could position stablecoin issuers among the largest holders of U.S. Treasury bonds by 2030."