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JPMorgan Chase: Stablecoin Market Expected to Reach $500 Billion by 2028

By: theblockbeats.news|2025/07/03 12:36:50

BlockBeats News, July 3rd, according to Coindesk, JPMorgan (JPM) strategists stated in a research report released on Thursday that the stablecoin market is expected to grow to $500 billion by 2028. Compared to some aggressive predictions (projecting a market cap of $1 trillion to $2 trillion during the same period), this expectation appears to be more conservative.

JPMorgan has put forward a more cautious view of the industry's growth trajectory, noting that the primary driver of current stablecoin usage is still the "crypto-native demand" rather than broader adoption in payment scenarios.

The US June seasonally adjusted non-farm payrolls were 147,000

BTC fell below 109,000 USDT, and the 24-hour increase narrowed to 1.55%