X @The Block

RT Yogita Khatri (@Yogita_Khatri5)No trillion-dollar stablecoin market by 2028, JPMorgan analysts say — again.The analysts are reiterating their pushback against $2 trillion–$4 trillion stablecoin projections.They argue stablecoins are still used mainly for crypto trading, not payments, keeping growth tied to the broader crypto market.As a result, they see the stablecoin market cap reaching only about $500–$600 billion by 2028, with higher velocity, tokenized bank deposits, CBDCs, and other factors limiting ...