Citi: Blockchain’s ‘ChatGPT moment’ will drive stablecoins to $4tn by 2030

Stablecoins are on track to become one of the most powerful forces in global finance, with Citibank predicting issuance could hit $4 trillion by 2030. In a new report, the bulge-bracket bank lifted its bull-case projection for stablecoin issuance from $3.7 trillion earlier this year. The revision follows what Citi called blockchain’s “ChatGPT moment,” with stablecoins driving mainstream adoption at an unexpected pace. Stablecoins are a vital addition to the finance toolkit, especially for digitally nati ...