"RIP Trillion-Dollar Dreams: JPMorgan Calls Out Stablecoin Hype"

in #ecency6 days ago

Stablecoins: The Reality Check

I just dug into JPMorgan's latest stablecoin market forecast and I'm left wondering... are stablecoins the future of global payments or just better crypto liquidity tools? Their view? Stablecoins won't reach that elusive $1 trillion valuation anytime soon, even with growth projected to reach $500-600 billion by 2028. The reality? Stablecoins are closely tied to crypto market activity, and their growth mainly stems from derivatives trading, DeFi lending, and short-term liquidity needs. Not exactly a trillion-dollar dream, huh?

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