JPMorgan Doubts Predictions of Stablecoin Market Size Surpassing $1 Trillion

According to reports from Hashkey, JPMorgan analysts express skepticism about predictions that the stablecoin market size will grow three to four times in the next one to two years, considering it overly optimistic. Despite progress in the Senate on the U.S. GENIUS Act, the report notes that the provision prohibiting interest payments on stablecoins will limit their growth potential. In contrast, money market funds have seen approximately $900 billion in inflows in the U.S. over the past year. Analysts predict that compliant stablecoin issuers, such as banks and fintech companies, will benefit, while non-compliant issuers like Tether may face pressure to adjust.