JPMorgan sees stablecoin growth slowing, targets $500 bln by 2028

JPMorgan Sees Stablecoin Outlook as Less Rosy Than Bulls Think

JPMorgan expects stablecoin growth to reach only $500 billion by 2028, calling trillion-dollar forecasts overly optimistic.

JPMorgan sees stablecoin growth slowing, targets $500 bln by 2028

Why JPMorgan Thinks Stablecoins Won’t Hit $1 Trillion Anytime Soon

According to the bank, stablecoins remain deeply rooted in crypto-specific uses like trading and DeFi, with only a sliver — roughly 6% — tied to real-world payments. That disconnect, the bank argues, exposes the gap between hype and actual adoption. Lower yields, costly conversions to fiat, and minimal utility in day-to-day transactions have prevented stablecoins from becoming a viable alternative to traditional money. Still, regulatory momentum…

‘I Don’t See How We’ll Do That’: JPMorgan’s Chief Global Strategist Says White House’s 3% US Economic Growth Projection Unsustainable - The Daily Hodl

The chief global strategist of financial services giant JPMorgan says that the White House’s growth projections for the US economy are unfeasible. In a new interview with CNBC Television, JPMorgan executive David Kelly says that the White House’s 3% projected growth for the economy doesn’t make sense as the US doesn’t have the means to boost productivity to match. According to Kelly, baby boomers retiring and shrinking employment numbers will im…

Stablecoin market cap unlikely to hit $2 trillion by 2028: JPMorgan

In a note to investors on Thursday, JPMorgan Chase estimated that the stablecoin market could reach $500 billion by 2028, a modest prediction compared to popular forecasts of a $1-$2 trillion market capitalization increase over the same period.