$ETH Positioned for #Stablecoin Boom, Says #JPMorgan ETH offers direct exposure to explosive stablecoin growth, according to JPMorgan analysts. The network hosts $138 billion worth of stablecoins, commanding 51% of the $270 billion sector. The stablecoin market cap has grown for eight straight months, outpacing the broader crypto market. JPMorgan estimates the sector could reach $500 billion by 2028, while Standard Chartered predicts $750 billion by late 2026. The #GENIUS Act passage has catalyzed heightened activity across DeFi, NFTs, and spot markets. Even #layer -2 stablecoin issuance benefits ETH through increased network activity and fee burn mechanisms. ETH traded around $4,540 Thursday, up 50% over the past month but still below its 2021 high of $4,900. Wall Streets #stablecoin embrace could drive further gains.