Stablecoins could soon surpass traditional crypto trading volumes as mainstream adoption accelerates according to global banking giant Citi. The bank forecasts that stablecoins which are digital tokens pegged mostly to the US dollar could grow to $1.6 trillion by 2030 and potentially reach $3.7 trillion with strong regulatory support. This shift positions stablecoins as a powerful force in the future of money and finance.

Beyond their use in crypto trading stablecoins are now playing a growing role in global payments remittances and banking liquidity. Citi suggests these tokens may replace portions of foreign currency reserves and even be used in retail money market funds if yield-bearing versions emerge. Major firms like Fireblocks are already witnessing a surge in stablecoin transaction volumes driven by payment companies.

Citi’s Ronit Ghose highlights stablecoins as a bridge to tokenized financial systems offering easy global access to dollars and euros. As governments debate between stablecoins and central bank digital currencies the financial world may soon embrace both options in a new era of digital money.