JPMorgan: The stablecoin market is expected to rise to $500 billion by 2028.

On July 3rd, according to Coindesk, strategists at JPMorgan Chase (JPM) stated in a research report released on Thursday that the stablecoin market is expected to rise to $500 billion by 2028. This expectation seems more conservative compared to some aggressive forecasts (which predict that the market capitalization will reach $1 trillion to $2 trillion during the same period). JPMorgan has proposed a more cautious view on the industry's growth trajectory, pointing out that the main drivers for the current use of stablecoins are still "encryption native demand" rather than broader payment scenario adoption.

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