BlackRock, JPMorgan execs predict $2 trillion stablecoin market by 2028 in note to Treasury

During a meeting last week, the Treasury Borrowing Advisory Committee—which comprises senior executives from BlackRock, JPMorgan, and other major financial institutions reporting to Treasury Secretary Scott Bessent—fingered the stablecoin market as a potential driver of Treasury demand. The committee predicted that by 2028, they might be worth $2 trillion, and almost all of them will […] source: https://www.cryptopolitan.com/2-trillion-stablecoin-market-by-2028/