According to BlockBeats, JPMorgan strategists have projected that the stablecoin market could expand to $500 billion by 2028. This forecast, released in a research report on Thursday, is considered conservative compared to some aggressive predictions that estimate the market could reach $1 trillion to $2 trillion within the same timeframe.
JPMorgan's analysis presents a cautious outlook on the growth trajectory of the stablecoin industry. The report highlights that the primary driver of stablecoin usage remains "crypto-native demand" rather than broader adoption in payment scenarios.