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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Citigroup expects 3.7 trillion dollars in stable coins.
Citigroup, in its latest report, predicted that the supply of stable coins could increase tenfold by 2030, reaching $1.6 trillion in a pessimistic scenario and $3.7 trillion in an optimistic scenario.
The report also emphasized that the stable coin market, currently around 240 billion dollars, could undergo a historic transformation depending on its adoption in the finance and public sectors.
Citigroup pointed out that stable coin regulations in the US Congress could accelerate market growth; it also reminded that traditional financial institutions like Bank of America are considering starting the issuance of dollar-indexed cryptocurrencies.
The report stated that, finally, a regulatory framework could create new demand for U.S. Treasury bonds and that stablecoin issuers could be among the largest groups of Treasury bondholders by 2030.
Published: April 25, 2025 11:35