TechFlow news, May 12 — According to CoinDesk, a recent financial research report from Citigroup predicts that stablecoins will gradually replace part of domestic and overseas cash reserves in the United States over the next five years and become a significant component of banks' short-term liquidity tools. The report states that, with regulatory support, the market capitalization of stablecoins is expected to reach $1.6 trillion by 2030, and could even reach $3.7 trillion under optimistic scenarios. Data from Fireblocks shows that stablecoin usage is shifting from crypto transaction settlements toward payments, with payment companies currently accounting for 16% of transaction volume, projected to increase to 50% within a year. The current total market cap of stablecoins is approximately $240 billion, primarily dominated by USDT and USDC.
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