JPMorgan pushes back on Treasury’s $2 trillion stablecoin forecast, warns infrastructure is still underdeveloped
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. Share this article JPMorgan isn’t buying into the $2 trillion stablecoin hype. Despite growing … Read more