JPMorgan: The stablecoin market size is expected to grow to between $500 billion and $750 billion in the coming years

According to BlockBeats, JPMorgan stated that the stablecoin market size is expected to grow to between $500 billion and $750 billion in the coming years. Assuming 70% is allocated to U.S. Treasuries and 30% to Treasury repurchase agreements, stablecoin issuers will become the third-largest buyers of U.S. Treasuries.