Global Bank Citi has predicted that 2025 could be a possible turning point for the adoption of blockchain driven by stablecoins, similar to artificial intelligence (AI) of the year rupture it had with the chatgpt of popular applications.
“2025 has the potential to be the moment ‘chatgpt’ of Blockchain,” bank analysts said in a report published earlier this week.
In the center of the CITI projection are Stablcoins, a class of cryptocurrencies linked to traditional currencies such as the US dollar. These tokens, led by the $ 145 billion of USDT of Tether and the $ 60 billion USDC of Circle, have recently seen tremendous growth and are increasingly used for payments and remittances worldwide.
Citi sees that the class of assets potentially grows to $ 1.6 billion for 2030 in its base case of the current $ 230 billion, with the warning that regulatory support and institutional integration are strengthened. In the most optimistic stage of the bank, the market could balance $ 3.7 billion, although persistent structural challenges could maintain the number closest to $ 500 billion in the bear case of the bank.
An important catalyst is the regulatory position of support in the United States, with a recent presidential executive order that directs the formation of a federal framework for digital assets, according to the report. Clarity about Stablecoin rules could allow these tokens to be more deeply integrated into the financial system, offering faster payments, greater transparency and a more efficient asset agreement.
“This could lead to a greater adoption of money based on blockchain and stimulate other cases of use, financial and beyond, in the public and private sector of the United States,” said the authors.
Stablecoin emitters will become titles of Treasury of the United States
The stable are expected to remain very called in dollars in the future. The report anticipates that about 90% of stables in circulation in 2030 will still be linked to the US dollar, consolidating their domain.
This has important implications for the global financial system. Stable emitters in dollars could become one of the largest buyers of the United States Treasury bonds, assuming that regulations boost the support of tokens with highly liquid and low -risk traditional financial assets as government bonds. Citibank estimated emitters could have $ 1.2 billion in the United States government debt for the end of the decade, potentially surpassing all foreign sovereign holders.
Meanwhile, the central banks of the countries of Europe and Asia will probably promote their own digital currencies, or CBDCS, the report said.
The report indicated several risks that could hinder growth. Stablecoins discouraged almost 1,900 times only in 2023, including more than 600 instances that involve important tokens, wrote the authors of the report, citing Moody’s data.
In extreme cases, the massive channels, such as those that follow the collapse of Silicon Valley Bank (SVB) that, consequently, reach the USDC, can interrupt cryptographic liquidity, automated force solutions and undulations through financial markets, the authors added.
