Citi: Stablecoin market size expected to reach $4 trillion by 2030

Jinse Finance reported that Citi released the "Stablecoins 2030" report, raising its forecast for stablecoin issuance by 2030 to a baseline of $1.9 trillion, with an optimistic scenario reaching up to $4 trillion. The report also stated that, assuming a velocity of circulation of 50 times (similar to the speed of fiat payments), it is predicted that by 2030, stablecoins could support approximately $100 trillion in annual transaction activity, and up to $200 trillion in the best-case scenario. According to DefiLlama data, the current total market capitalization of stablecoins is about $296.8 billion, with USDT accounting for 58.75%.