Global banking giant Citi announced in its latest “Securities Services Evolution” report that the post-clearance processes of financial transactions are on the verge of a major transformation.
Citi: Stablecoins and AI Could Launch a New Era in Financial Transactions
The bank's fifth annual survey drew opinions from 537 industry leaders, including custodians, brokerage firms and asset managers.
According to the report, tokenization, T+1 implementation, and artificial intelligence (GenAI)-based automation are reshaping post-clearance transactions. Citi predicts that 10% of market volume could be in tokenized assets by 2030.
It's emphasized that stablecoins issued by the bank will be the primary enablers of this transformation, playing a critical role in collateral efficiency and fund tokenization. The Asia-Pacific region, in particular, is leading the way in this area thanks to both individual investor interest and regulatory support.
AI integration is also a priority for the industry. 86% of companies surveyed said they are testing AI in their customer onboarding processes, while 57% are running pilot projects for direct post-clearance transactions.
According to Citi, speed and automation will be the most critical elements in the transition to the T+1 standard. “From expedited settlement to automation in asset servicing, there's a globally converging vision around the same themes,” said Chris Cox, Head of Citi Investor Services. “The industry is on the cusp of a historic transformation driven by the adoption of digital assets and the application of artificial intelligence.”
*This is not investment advice.
