[Stablecoin Pulse] 🚨 J.P. Morgan Cools Stablecoin Hype: $500B Market Cap by 2028 📉
J.P. Morgan is pumping the brakes on stablecoin growth, forecasting a $500B market cap by 2028—far below Standard Chartered’s $2T and Bernstein’s $4T predictions! 😮 Why the conservative take?
🔍 Key Insights: 88% of stablecoin demand fuels crypto trading, DeFi, and collateral. Only 6% (~$15B) is used for payments, showing limited mainstream adoption. Regulatory hurdles and low daily payment use are slowing growth.
💡 Despite the U.S. GENIUS Act boosting legitimacy, J.P. Morgan sees stablecoins staying crypto-centric. Will they break into mainstream payments, or remain a crypto staple? Share your thoughts!👇
