Stablecoin US$2 Trillion Forecast Is ‘Optimistic’, JPMorgan Says

Bank of Italy sounds alarm about stablecoins

Bank of Italy Deputy Director General Chiara Scotti on Thursday sounded the alarm about the risks posed by crypto assets in general, and stablecoins in particular. (ANSA)

JPMorgan Rejects US Treasury’s $2 Trillion Stablecoin Forecast by 2028

JPMorgan has poured cold water on the US Treasury’s prediction that the stablecoin market will reach $2 trillion by 2028. In a July research note, the bank’s strategists said that it was “a bit optimistic” and that fundamental infrastructure gaps and conservative investor attitudes will slow growth. According to JPMorgan’s revised forecast, stablecoins (led by USDT and USDC) will more likely double or triple in size to $500 or $750 billion over …

Stablecoins Represent Less Than 1% of Global Money Flows

JPMorgan analysts expressed doubts about the projected growth of the stablecoin market cap to $2 trillion by 2028, noting that the infrastructure supporting stablecoins is underdeveloped for such expansion, and... Сообщение Stablecoins Account for Less Than 1% of Global Money Flows появились сначала на CoinsPaid Media.

JPMorgan pushes back on Treasury’s $2 trillion stablecoin forecast, warns infrastructure is still underdeveloped - WorldNL Magazine

Skepticism grows as analysts cite slow infrastructure development and conservative investor behavior in stablecoin adoption. Key Takeaways JPMorgan disagrees with the US Treasury's prediction that the stablecoin market will reach $2 trillion by 2028. USDT and USDC account for over 60% of the current stablecoin market, which JPMorgan expects to only double or triple in size. JPMorgan isn’t buying into the $2 trillion stablecoin hype. Despite gr…

JPMorgan Strategists Expect Stablecoins to Grow Slower Than Commonly Anticipated

JPMorgan Chase is skeptical that the stablecoin market will grow eightfold to reach $2 trillion, a figure cited by crypto proponents.