CoinVoice has recently learned that, according to Bloomberg, JPMorgan has questioned the $2 trillion market size forecast for the stablecoin market, stating that this figure is 'too optimistic.' Analysts point out that the current market size of $260 billion may only achieve 2-3 times growth in a few years, far below the U.S. Treasury Secretary's earlier expectation of surpassing $2 trillion by 2028. The report notes that although the (GENIUS Act) has established a regulatory framework for stablecoins, the improvement of payment infrastructure and ecosystem will still take time.
Currently, USDT and USDC account for over 60% of the market share, but stablecoins only make up 1% of global capital flows. Stablecoin analysts believe that due to investors' conservative attitudes towards cash management, it will be difficult to use stablecoins as a mainstream liquidity alternative in the short term. JPMorgan emphasizes that although stablecoins have the advantage of instant settlement in cross-border payments, merchant acceptance is still higher than that of ordinary consumers. [Original link]
