[Citi Survey: By 2030, crypto assets are expected to handle one-tenth of global post-trade transactions] According to a survey by Citi, it is expected that in less than five years, one-tenth of the global post-trade market's transaction volume will be processed through stablecoins and tokenized securities. The investment bank stated in its "Securities Services Evolution Report" released on Tuesday that bank-issued stablecoins are seen as a primary means to support collateral efficiency, fund tokenization, and private market securities.
The report surveyed 537 custodians, banks, broker-dealers, asset management companies, and institutional investors from the Americas, Europe, Asia-Pacific, and the Middle East between June and July, with more than half of the respondents indicating that their companies are also piloting the application of generative artificial intelligence (GenAI) in post-trade processes.
The market ensures that securities transactions are verified, executed, and ultimately settled after the trade. With the U.S. passing a stablecoin regulatory bill earlier this year, Wall Street's interest in stablecoins is also heating up.
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Citibank Survey: By 2030, encryption assets are expected to handle one-tenth of global post-market transactions.
[Citi Survey: By 2030, crypto assets are expected to handle one-tenth of global post-trade transactions] According to a survey by Citi, it is expected that in less than five years, one-tenth of the global post-trade market's transaction volume will be processed through stablecoins and tokenized securities. The investment bank stated in its "Securities Services Evolution Report" released on Tuesday that bank-issued stablecoins are seen as a primary means to support collateral efficiency, fund tokenization, and private market securities. The report surveyed 537 custodians, banks, broker-dealers, asset management companies, and institutional investors from the Americas, Europe, Asia-Pacific, and the Middle East between June and July, with more than half of the respondents indicating that their companies are also piloting the application of generative artificial intelligence (GenAI) in post-trade processes. The market ensures that securities transactions are verified, executed, and ultimately settled after the trade. With the U.S. passing a stablecoin regulatory bill earlier this year, Wall Street's interest in stablecoins is also heating up.