Stablecoin Surge Predicted to Impact Bitcoin Prices by 2030

Citibank predicts a significant growth in the stablecoin market, projecting a total supply of up to $3.7 trillion by 2030. This increase could have a substantial impact on Bitcoin prices if regulatory momentum under former President Trump’s policies continues as anticipated. Historically, stablecoins and Bitcoin have shown a strong correlation, with the former’s growth frequently leading to significant price rises in the latter. According to the report, a potential 6.7-fold increase in stablecoin supply could translate into a 3 to 5-fold surge in Bitcoin’s value, potentially reaching $285,000 by 2030 under optimistic assumptions. Even with conservative projections, where only 25% of growth shifts towards Bitcoin, the cryptocurrency is expected to see an impressive 200% to 250% increase from its current levels, potentially reaching between $190,000 and $237,500 by 2030.