USDT Leads Stablecoin Surge as Citi Bank Predicts $3.7 Trillion Market by 2030

Citi Bank’s latest report highlights the explosive growth potential of stablecoins, with USDT maintaining its dominance in the market. The projection of a $3.7 trillion market cap by 2030 underscores the expanding real-world applications of stablecoins beyond crypto trading.

Stablecoins to Hit $3.7 Trillion by 2030, Says Citi Bank

Citi Bank’s latest report projects stablecoins could reach a $3.7 trillion market cap by 2030, driven by expanding real-world applications beyond crypto trading. Payments, remittances, and institutional finance are fueling this growth.

Tether (USDT) dominates the current stablecoin landscape with a $149.97 billion market cap, followed by USD Coin (USDC) at $60.71 billion. Trading volume reflects similar dominance, with USDT accounting for the majority of 24-hour transactions.

The report outlines two growth scenarios, though specifics of the base case remain undisclosed. This bullish forecast signals accelerating mainstream adoption of dollar-pegged digital assets as financial infrastructure evolves.

TRON Emerges as Trusted Blockchain for Value Transfer, Says Justin Sun

Justin Sun, founder of TRON, underscored the blockchain’s growing reputation as a reliable platform for value transfer during a conference in Dubai. TRON now ranks among the top blockchains for stablecoin transactions, processing $20 to $30 billion daily across 300 million user accounts.

The network’s USDT circulating supply has surpassed $70 billion, reflecting robust trust in its infrastructure. TRON’s commitment to security is further evidenced by initiatives like the T3 FCU, which collaborates with global law enforcement to ensure transparency and combat financial crimes.

TRON’s TRX Surges 5% as It Overtakes Ethereum in USDT Circulation

TRON’s TRX token rallied 4.8% in 24 hours, climbing from $0.264 to $0.276 before a slight pullback. The surge coincided with TRON surpassing ethereum as the leading blockchain for USDT circulation, hosting $73.8 billion compared to Ethereum’s $71.9 billion.

Geopolitical developments continue to shape the cryptocurrency market. The White House’s announcement of a U.S.-China trade agreement has eased tensions, bolstering market sentiment. Institutional adoption accelerates, underscored by Coinbase’s addition to the S&P 500—a milestone for mainstream acceptance.