Citi projects the stablecoin market to hit $4T by 2030, fueled by regulation, payment adoption, and rising global usage despite slow institutions. Citi, one of the world’s largest banking and financial services firms, has updated its stablecoin market prediction. Drivers Behind the ForecastCiti analysts identified three major factors that could power the stablecoin market expansion. First, partial deposit substitution is expected to play a major role. Current Market DataThe stablecoin market cap has reached about $292 billion as of late September, and is up from $224 billion at the start of the year.