Citibank: Stablecoins will expand beyond encryption trading and integrate into the mainstream economic system.

On May 12, according to CoinDesk, Citigroup predicts that as regulatory Favourable Information drives the integration of fixed-value tokens into the mainstream economy, the stablecoin market may soon surpass the entire cryptocurrency trading ecosystem that birthed it. Stablecoins are not just playing the role of "tokenized cash" in the cryptocurrency trading community; these digital tokens, primarily pegged to the US dollar, have begun to expand into areas such as payments and remittances. A recent report released by Citigroup's Future Finance think tank indicates that over the next five years, stablecoins may replace some foreign and domestic currency reserves in the US, while also becoming part of banks' short-term Liquidity. The report also stated that if yield-bearing stablecoins can be launched, they are expected to play a role in time deposits and retail money market funds.