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Citi: The market value of stablecoins may reach US$3.7 trillion by 2030, and this year may be the "ChatGPT moment" for blockchain

According to online reports, Citibank predicted in its latest report that the total supply of stablecoins "will grow to US$1.6 trillion in the benchmark scenario and reach US$3.7 trillion in the optimistic scenario" by 2030. The report said that blockchain may usher in a "ChatGPT moment" this year, in part due to the accelerated adoption of stablecoins. Citi pointed out that "if regulatory changes promote financial and public sector adoption, they may trigger a historic shift in the cryptocurrency market," while also saying that if "adoption and integration challenges continue," the market value of stablecoins may only reach US$500 billion.

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