Stablecoins Break Free From Crypto Ghettos—Citi Sees Mainstream Domination by 2026
Wall Street’s latest prophecy: Stablecoins are ditching their crypto training wheels and heading for the real economy. Citi’s analysts predict these dollar-pegged tokens will soon power everything from payroll to supply chains—because nothing says ’financial revolution’ like replicating fiat with extra steps.
The bank’s report suggests stablecoins could bypass traditional banking rails entirely, offering near-instant settlements without the regulatory headache. TradFi institutions are already salivating at the cost-cutting potential—though they’ll probably slap a 2% ’convenience fee’ on it.
One cynical footnote: This all assumes regulators don’t strangle the sector in its crib. After all, nothing threatens a stable financial system quite like stability.