Citi Report: Stablecoins will be integrated into the mainstream economy, with a market value expected to reach $3.7 trillion by 2030

According to CoinDesk, Citigroup predicts in its future financial research report that stablecoins will gradually replace some of the US domestic and overseas cash reserves over the next five years and become part of banks' short-term liquidity tools. The report states that with regulatory support, the market value of stablecoins will reach $1.6 trillion by 2030, and in an optimistic scenario, it may reach $3.7 trillion. According to Fireblocks data, the use of stablecoins is shifting from transaction settlement to the payment field. Currently, payment companies account for 16% of transaction volume, and it is expected to increase to 50% within one year. At present, the total market value of stablecoins is about 240 billion US dollars, mainly consisting of USDT and USDC.