Stablecoins and Tokenized Securities to Handle Significant Market Turnover by 2030
- A survey by Citi predicts that stablecoins and tokenized securities will account for a tenth of the global post-trade market turnover by 2030.
- 14% of market turnover in the US is expected to involve digital assets, compared to Europe’s forecast of 10% and Asia Pacific’s at 9%.
- The report surveyed over 537 financial institutions, revealing that more than half are piloting generative artificial intelligence (GenAI) for post-trade operations.
- Liquidity and cost efficiencies are identified as key drivers for investments in digital ledger technology (DLT).
- 83% of brokers are using GenAI for onboarding processes, highlighting its importance in bridging retail and institutional clients.
The anticipated growth in stablecoin usage aligns with recent regulatory developments in the US, which have spurred interest among major financial players like Circle and BlackRock. This shift indicates a significant transformation in how securities trades are executed globally.
By leveraging DLT, firms expect improvements in funding costs and operational efficiency before the end of the decade, with a notable percentage of US turnover projected to utilize these technologies. (Source)
