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3.8%
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After the stablecoin market’s biggest monthly pullback since the Terra collapse in June, the long-term growth logic has not changed
However, compared with the stablecoin market’s cumulative decline of more than 26% during the 2022 crypto winter, the adjustment in this round is still relatively mild. Wall Street institutions remain optimistic about the long-term outlook for stablecoins. Citi previously estimated that the global stablecoin market size would reach $1.9 trillion in 2030 under the base case scenario, and could rise to $4 trillion under the optimistic scenario.