Citigroup has upwardly revised its 2030 forecast for the stablecoin market, signaling strengthening conviction in the sector's growth trajectory. The bank's new bull case projection is $4.0 trillion, an increase from the previous $3.7 trillion estimate, while the base case has been raised to $1.9 trillion from $1.6 trillion.

The adjustment is attributed to several key drivers. These include the continued expansion of the crypto-native ecosystem, the accelerating integration of stablecoins into e-commerce and digitally native businesses, and a growing international demand for holding and transacting with US dollar-backed digital assets.

This optimistic outlook from a major financial institution aligns with broader industry trends of institutional adoption. Other major banks like JPMorgan are also exploring the stablecoin space, indicating a wider move by traditional finance to engage with digital currency infrastructure. This signals a growing consensus that stablecoins will play a significant role in the future of finance and digital payments.

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https://www.citigroup.com/global/insights/stablecoins-2030