Citigroup has suggested that blockchain technology may be nearing a transformative tipping point — likening its potential inflection to the breakthrough moment experienced by ChatGPT in the world of artificial intelligence.
In a report released Thursday, the banking giant pointed to surging stablecoin adoption as a key driver behind what could become a pivotal year for the crypto sector.
“The total outstanding supply of stablecoins could grow to $1.6 trillion by 2030 in our base case and to $3.7 trillion in our bull case,” the report stated.
As of now, the total stablecoin supply stands at approximately $240 billion, meaning the market could expand by more than 10x in just a few years. The report ties this potential to increased adoption in both the financial and public sectors, accelerated by regulatory clarity.
Growth Tied to Regulation and Integration
Citigroup noted that regulatory advancements are key to unlocking mass integration of stablecoins in traditional finance. The report suggests that as global frameworks evolve, stablecoins may play a central role in cross-border payments, tokenized assets, and retail use cases.
However, the bank also issued a conservative projection: if adoption hurdles and integration challenges persist, the stablecoin market may only reach $500 billion by the end of the decade — still more than double its current size.
Industry Implications
This bold forecast comes as stablecoins increasingly capture the attention of policymakers and financial institutions, with entities like PayPal, Circle, and Tether expanding their offerings amid tighter regulatory scrutiny. Citigroup’s analysis places stablecoins at the heart of the blockchain’s evolution from speculative asset class to real-world financial infrastructure.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/citigroup-says-stablecoins-could-trigger-blockchains-chatgpt-moment/