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American banking giant Citigroup has shared a highly bullish forecast of the stablecoin market in its latest market perspective report. Alongside this intriguing insight, Citigroup has also highlighted potential hurdles and roadblocks for these fiat-peg virtual assets.
US Regulatory Framework To Spur Stablecoin Growth
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In a market report released last week, Citigroup is backing the stablecoin market to witness at least a 7x supply growth over the next five years. The multinational investment bank has tied this bullish position to the obvious intentions of the current US administration to draft policies that support the growth of the digital asset industry.
Notably, in January 2025, US President Donald Trump ordered the creation of
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