PANews reported on May 12 that according to CoinDesk, Citigroup predicted in its Future of Finance research report that stablecoins will gradually replace some of the cash reserves in the United States and overseas in the next five years and become part of the bank's short-term liquidity tools. The report said that if there is regulatory support, the market value of stablecoins will reach 1.6 trillion US dollars in 2030, and may reach 3.7 trillion US dollars in an optimistic scenario. Fireblocks data shows that the use of stablecoins is shifting from transaction settlement to payment. Currently, the transaction volume of payment companies accounts for 16%, and it is expected to increase to 50% within a year. The total market value of stablecoins is currently about 240 billion US dollars, mainly USDT and USDC.