Wu Blockchain (@WuBlockchain): J.P. Morgan forecasts the stablecoin market will reach $500 billion by 2028, well below previous trillion-dollar projections. Usage remains concentrat…
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J.P. Morgan forecasts the stablecoin market will reach $500 billion by 2028, well below previous trillion-dollar projections. Usage remains concentrated in crypto trading, DeFi, and collateral, with payment applications making up only $15 billion, or 6% of total demand. Broader adoption is constrained by limited use cases and fragmented regulation, making stablecoins unlikely to replace traditional currencies. https://t.co/Do5K4zLGM8