Citi Predicts $3.7 Trillion Bull Case Stablecoin Explosion in Global Markets

Citi forecasts U.S. dollar stablecoins could surge to $3.7 trillion in the bull case, driving an unprecedented blockchain-fueled transformation of global finance by 2030.

US Dollar Stablecoins Set to Dominate Amid Global Blockchain Frenzy, Says Citi

Citi’s Global Perspectives and Solutions division released a new report titled “Digital Dollars—Banks and Public Sector Drive Blockchain Adoption” last week, forecasting major growth in blockchain and stablecoins by the end of the decade.

The team at Citi believes that blockchain adoption in finance and government is entering a pivotal phase, fueled largely by regulatory shifts in the United States. Citi’s analysts highlighted: “2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in the financial and public sector, driven by regulatory change.” The report reflected a broad consensus that the coming months could mark a transformative period as blockchain and stablecoins move into mainstream financial infrastructure.

The most striking prediction focused on the future of stablecoins, with Citi providing multiple growth scenarios. The analysts projected:

The total outstanding supply of stablecoins could grow to $1.6 trillion by 2030 in our base case and to $3.7 trillion in our bull case.

“That said, the number could be closer to half a trillion dollars if adoption and integration challenges persist,” they noted. The report explained that favorable regulation, technological improvements, and growing institutional adoption could lead to an explosive rise in stablecoin usage globally. However, the team also cautioned that market expansion is not guaranteed if risks such as depegging events or regulatory fragmentation materialize.

In terms of currency composition, Citi indicated that U.S. dollar-backed stablecoins would continue to dominate over the coming years, despite international competition. The report stated:

We expect the stablecoin supply will remain U.S. dollar denominated (approx. 90%), with non-U.S. countries promoting national currency CBDCs.

While dollar dominance is likely to persist through 2030, Citi analysts noted that efforts in Europe and China to push local currency digital alternatives could slightly shift market dynamics. Overall, the findings suggest that while blockchain and stablecoins face substantial challenges ahead, they are positioned to become an even greater force in reshaping global finance by the end of the decade.

Bitcoin's Bull Run Reloads: Analyst Expects BTC to Break All-Time Highs

Bitcoin is set to break all-time highs as a top analyst sees surging inflows, strong fundamentals, and soaring investor confidence driving a massive rally.

Bitcoin's Bull Run Reloads: Analyst Expects BTC to Break All-Time Highs

Bitcoin Primed to Shatter All-Time Highs as Fundamentals Ignite Massive Rally

Willy Woo, a prominent onchain bitcoin analyst, shared an optimistic BTC outlook on social media platform X on April 27, highlighting a significant shift in market sentiment. Woo stated:

BTC fundamentals have turned bullish, not a bad setup to break all time highs.

Highlighting the strength of recent capital trends, Woo explained: “Capital flows into the network are ramping up. Both total and speculative flows have bottomed, when both align they join forces to make a bullish environment anchored in fundamentals.” Woo’s analysis indicated that not only has speculative interest returned, but more importantly, fundamental investment is also strengthening the market.

He elaborated on price targets by noting: “Our medium term targets of 90K and 93K have been taken out. The 108K target is still in play with a new interim target of 103K forming.”

According to Woo, achieving these milestones signals that bitcoin is advancing along a strong technical path, supported by the resurgence of liquidity and investor confidence. The analyst wrapped up his outlook with a broader view of the market’s trajectory. He remarked:

BTC is setting up for another break of all-time highs if the capital flow trend continues.

“It’s a solid long term setup. All dips are for buying under the present regime. In the very short term, there’s good chances of dips,” he clarified. Although Woo acknowledged the possibility of minor pullbacks in the immediate future, he underscored that under current conditions, such dips are likely opportunities rather than warning signs. His analysis suggests that if capital inflows maintain their momentum, bitcoin could soon be poised to challenge and surpass its previous peak prices.