Citibank: Crypto and AI are driving transformation in global payments

Cryptocurrency and artificial intelligence are leading the transformation of the global payments market, according to a recent report from Citibank. The bank forecasts that tokenized assets will account for 10% of total market transaction volume by 2030, adding that bank-issued stablecoins are expected to be a key catalyst for their widespread adoption. The report also found that a majority of payment companies are currently running pilot programs to integrate AI into their payment processes.