Summary
- Citibank said that digital assets and AI technology will drive changes in the global payments market.
- It said that by 2030 tokenized assets will account for more than 10% of market trading volume.
- It said bank-issued stablecoins and technology adoption in the Asia-Pacific region will have a major impact on the payments market.
An analysis found that digital assets (cryptocurrencies) and artificial intelligence (AI) technology will drive major changes in the global payments market.
On the 2nd (local time), according to CoinDesk, Citibank said in a report that "by 2030 tokenized assets will account for more than 10% of market trading volume." It added, "bank-issued stablecoins will have a major impact on the mainstreaming of tokenized assets."
It also said that most payment companies are piloting AI technology. The report said, "86% of surveyed companies are considering AI technology," and "57% are already piloting the technology." It added that the Asia-Pacific region is leading in technology adoption.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![[Today’s Key Economic & Crypto Calendar] US January Manufacturing PMI, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[Market] Bitcoin breaks below $76,000 as selloff shows no sign of easing](https://media.bloomingbit.io/PROD/news/0b328b54-f0e6-48fd-aeb0-687b3adede85.webp?w=250)
![[Market] Bitcoin slips below $77,000…Ethereum also breaks below $2,300](https://media.bloomingbit.io/PROD/news/f368fdee-cfea-4682-a5a1-926caa66b807.webp?w=250)
