Crypto to Handle 10% of Post-Trades by 2030: Citi Survey

A tenth of the global post-trade market turnover is expected to be handled through stablecoins and tokenized securities in less than five years, according to a survey by Citi.

The investment bank said in a Securities Services Evolution report released on Tuesday that bank-issued stablecoins were seen as the main method to support collateral efficiency, fund tokenization and private market securities.

The report polled 537 custodians, banks, broker-dealers, asset managers and institutional investors in the Americas, Europe, Asia Pacific and the Middle…