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Stablecoins Set to Transcend Crypto Trading, Enter Mainstream Economy: Citi Report
Stablecoins Set to Transcend Crypto Trading, Enter Mainstream Economy: Citi Report
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Stablecoins are poised to outgrow their origins as crypto trading instruments and become integral to the broader financial system, according to a Citi research report. Regulatory progress and evolving use cases could see the market surpass the entire crypto trading ecosystem that birthed it.
These dollar-pegged digital assets are already expanding beyond crypto markets into payments and remittances. Citi’s Future Finance think-tank projects they may replace portions of overseas dollar holdings and domestic currency reserves within five years. Yield-bearing variants could eventually disrupt traditional term deposits.
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