Citigroup Bets On A "ChatGPT Moment" For Blockchain In 2025
The blockchain could experience its major turning point in 2025, comparable to the explosion of ChatGPT in AI. Driven by favorable regulation and the rise of stablecoins, this technology is set to revolutionize traditional finance and public systems, according to a striking analysis by the American bank Citigroup.
In Brief
- Citigroup forecasts a major turning point for blockchain in 2025, comparable to the ChatGPT effect in AI.
- The stablecoin market could reach $3.7 trillion by 2030.
- The Trump administration and the GENIUS Act support clear regulation of stablecoins.
- USDT and USDC dominate 90% of the market, but depegging risks, as in 2023, remain a major threat.
- Blockchain could transform public systems by replacing centralized infrastructures with more efficient decentralized solutions.
Towards a “ChatGPT moment” for blockchain?
At a time when stablecoins appear as the biggest threat to Europe, investment bank Citigroup estimates that this market could reach up to $3.7 trillion by 2030 in an optimistic scenario. Even in a more moderate scenario, their capitalization would be $1.6 trillion. This growth would mainly rely on a deeper integration of blockchain into the traditional financial system, thanks to clearer regulations.
Citigroup emphasizes that the recent pro-crypto stance of the Trump administration favors the emergence of legal frameworks like the GENIUS Act, which aims to regulate the use of stablecoins for payments. At the same time, stablecoin issuers will have to back their assets with U.S. Treasury bonds, thus strengthening their role in managing global financial reserves.
Between depegging risks and promises for the public sector
Today, dollar-dominated stablecoins such as USDT and USDC already represent 90% of the market, whose capitalization has risen to $230 billion. Citigroup anticipates that this American dominance will persist, even as China and Europe seek to impose their own digital currencies.
Despite this enthusiasm, challenges remain. The risk of depegging — like that of USDC in 2023 after the collapse of Silicon Valley Bank — remains a concern. More than 1,900 cases were recorded that year. Finally, Citigroup notes that blockchain could also revolutionize public systems by replacing centralized infrastructures with more efficient and transparent decentralized models.
As regulation aligns and institutional adoption accelerates, stablecoins could become the backbone of global digital finance! Especially since Russia is preparing to launch its own stablecoin and definitively move away from USDT. While challenges remain, Citigroup foresees a future where blockchain is no longer a promise, but a key infrastructure for the financial and public systems of tomorrow.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.