Citigroup predicts that stablecoin supply may reach $3.7 trillion by 2030

Mars Finance News: According to a report by Citigroup, the total supply of stablecoins is expected to reach $1.6 trillion by 2030 (baseline scenario), with the potential to increase to approximately $3.7 trillion in an optimistic scenario. The report notes that as of March 2025, the stablecoin supply has exceeded $230 billion, growing over 30 times in the past five years. Driving factors include rising global demand for digital payments and cash management efficiency, as well as a continued preference for the US dollar (accounting for about 90%). The report also suggests that if the United States introduces a comprehensive stablecoin regulatory framework, it could further boost demand for US Treasury bonds, with stablecoin issuers potentially becoming significant holders of US Treasury bonds by 2030. Despite legal and compliance challenges, Citigroup remains optimistic about the potential of stablecoins in cross-border payments and financial institution asset allocation. (The Block)