bitcoinist.com (nprofile…le2g)
https://www.tradingview.com/x/tauyOlYU/
American banking giant Citigroup has shared a highly bullish forecast of the stablecoin market in its latest market perspective report. Alongside this intriguing insight, Citigroup has also highlighted potential hurdles and roadblocks for these fiat-peg virtual assets. Related Reading: Bitcoin Advanced Sentiment Index Signals Strength – Bears Face Risks As Bulls Take Control US Regulatory […]
https://bitcoinist.com/citigroup-predicts-stablecoin-to-grow-1-6-trillion/
bitcoinist.com / Bitcoinist
npub1mv…52zuc
2025-04-27 02:33:22
Author Public Key
npub1mvlm9xukx5pek66dzt2muwkefhx3mzc4thlzt756n9h8dplrtk3qc52zucPublished at
2025-04-27 02:33:22Event JSON
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"Citigroup's report highlights the potential for stablecoins to grow significantly, with a predicted 7x supply growth over the next five years. The bank attributes this growth to the US regulatory framework, which is expected to support the digital asset industry. Additionally, increased adoption by financial institutions is expected to drive demand for stablecoins. However, the report also notes potential challenges, including the risk of a de-peg and the possibility of other nations investing in central bank digital currencies or stablecoins pegged to their native fiat currencies."
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