The global stablecoin market is expanding at a faster pace than anticipated, with issuance volumes climbing from around $200 billion at the start of 2025 to $280 billion as of this week, according to a new report from Citi. This rapid growth has prompted the bank to revise its long-term forecast, projecting stablecoin issuance to hit $1.9 trillion in its base case and up to $4 trillion in a bullish scenario by 2030.