BitcoinSistemi 2025-05-13 06:05:06

Banking Giant Citi Makes Prediction About the Cryptocurrency Market

According to the prediction of global banking giant Citi, stablecoins will play an important role not only in cryptocurrency trading but also in the mainstream economy in the near future. According to the latest report prepared by the Citi Institute's “Future of Finance” think tank, with the improvement of the regulatory environment, stable value digital assets will begin to be used in many areas, from payment systems and international money transfers to banks' short-term liquidity management. Stablecoins are digital assets whose value is typically pegged to fiat currencies like the U.S. dollar. But according to Citi’s analysis, these assets are now moving beyond being just “tokenized cash” for crypto investors. Over the next five years, they could replace some domestic and foreign currency reserves, as well as become part of short-term liquidity portfolios held in banks. If yield-generating stablecoin types are developed, these assets are also expected to be used in term deposit accounts and individual money market funds. Related News: Exchange Analysts Reveal: Bitcoin Bull Is Back - Here's the Report Ronit Ghose, Global Head of Future Finance at Citi Institute, made the following statement on the subject: “We are talking about the integration of stablecoins into the mainstream economy. For example, stablecoins can provide a cash counterpart to tokenized financial assets or can be used as a means of payment by SMEs and large companies. The dollar and, to a lesser extent, the euro have global reserve currency status. Stablecoins make it easy and low-cost for people around the world to hold dollars or euros.” *This is not investment advice. Continue Reading: Banking Giant Citi Makes Prediction About the Cryptocurrency Market

Meist gelesene Nachrichten

Top 13 memecoins to watch out for in May 2025
2025-05-14
JPMorgan Chase Initiates First Public Blockch...
2025-05-14
DigitalX (ASX: DCC) Selects SOL Strategies as...
2025-05-14
Financial Times Releases 27-Minute Documentar...
2025-05-14
JPMorgan's $4 Trillion Asset Manager Executes...
2025-05-14
Ethereum bet: BTCS raises $57.8m to mirror St...
2025-05-14
Bitfarms posts wider-than-expected Q1 loss am...
2025-05-14
JPMorgan Settles First Tokenized Treasury Tra...
2025-05-14

Ähnliche Neuigkeiten

Billionaire CEO Anthony Scaramucci Says: “Bitcoin...
14 May 2025
SEC Chair Paul Atkins Says Rational Regulatory Fra...
14 May 2025
New ambassadors bring the heat to Sportsbet.io
14 May 2025
WIF price at risk as Dogwifhat exchange inflows ri...
14 May 2025
Dow Jones inches lower, Nvidia jumps on Trump’s de...
14 May 2025
XRP Holders Urged to Mark Their Calendar for This...
14 May 2025

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen