Citi: Stablecoins Could Drive Cryptocurrency's Next Growth Phase
2025-10-20 12:12:12
According to a report by Citibank, stablecoins could drive the next phase of growth for cryptocurrencies, with analysts comparing their adoption to the rise of money market funds in the 1980s, primarily driven by their role as a "store of value" in emerging markets facing inflation or weak institutions, which could further stimulate demand for dollar assets, but could also trigger a policy response to limit dollarisation.
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