#GT 10% of Citi's stablecoin market forecast of 1.6 trillion


The impact of XRP's price if RLUSD captures 10% of Citi's forecast for the stablecoin market of 1.6 trillion.
A report titled "Digital Dollars" published by Citigroup in April 2025 indicated that the stablecoin market could grow to a sector worth $1.6 trillion. If the Ripple pair #BTC RLUSD#XRP captured just 10% of the $1.6 trillion stablecoin market, how would that affect the price of Ripple?

Despite being a newcomer in the stablecoin sector, the market value of RLUSD has grown to 300 million USD since its launch in December 2024. The XRP token serves as a bridge currency that helps transfer value from RLUSD to other currencies such as the US dollar, yen, euro, and others. Therefore, if RLUSD manages to capture 10% of 1.6 trillion USD, which equals 160 billion USD, it will undoubtedly have a positive impact on the price of XRP.

The price of Ripple is trading today at around $2.16, down 5.2% over the past 24 hours.

Announcement
GT-2,12%
BTC-2,08%
XRP-3,79%
ETH-3,18%
View Original
post-image
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
  • 1
  • Repost
  • Share
Comment
0/400
GateUser-954f2c4fvip
· 2025-05-01 08:35
Firm HODL💎
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)