Citi Report: The stablecoin market could reach $3.7 trillion, with the public sector accelerating its embrace of Blockchain.

According to Wu, the Citi Institute pointed out in its report "Blockchain & Digital Dollar" that 2025 could become a turning point for the widespread application of Blockchain in the financial and public sectors. In terms of stablecoins, the report estimates that by 2030, the market size will be between $0.5 trillion and $3.7 trillion, with 90% denominated in US dollars; stablecoin issuers may become major holders of US Treasury bonds, driving new demand for dollar assets. The public sector is increasingly emphasizing Blockchain due to demands for transparency and accountability, primarily applied in scenarios such as tracking fiscal expenditures, distribution of subsidies, management of public records, humanitarian aid, asset tokenization, and digital identity. The report also noted that the main obstacles to the large-scale deployment of Blockchain in the public sector are immature technology, poor interoperability, and unclear regulations.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)