JPMorgan reiterated that it expects the total stablecoin market cap to be around $500 billion to $600 billion by 2028
2025-12-18 21:35:50
JPMorgan analysts reiterated that they do not expect the stablecoin market cap to reach the trillion-dollar level, with a total market cap expected to be around $500 billion to $600 billion by 2028. They said that demand for stablecoins remains primarily driven by cryptocurrency trading activity, while growing use in the payments space may not materially increase supply due to growing competition from tokenized bank deposits and central bank digital currencies.
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