Citigroup: Total Circulating Supply of Stablecoins Could Reach $1.6-3.7 Trillion by 2030

BlockBeats News, July 14th, according to ledgerinsights, Citibank predicted that by 2030, the total circulation supply of stablecoins could grow to between $16 trillion and $37 trillion under different scenarios. It is expected that stablecoin supply will still be primarily denominated in USD (around 90%), while non-US countries will drive the development of their own CBDCs.