Why JPMorgan Thinks the Stablecoin Market Will Fall $1.5 Trillion Short?

TL;DR JPMorgan projects the stablecoin market will only reach $500 billion by 2028, far less than Standard Chartered’s $2 trillion estimate. The bank points to limited real-world use cases, only 6% of transactions involve actual payments, as a major barrier. Despite regulatory progress like the GENIUS Act, JPMorgan remains skeptical that stablecoins can replace traditional. . . source: https://crypto-economy.com/why-jpmorgan-thinks-the-stablecoin-market-will-fall-1-5-trillion-short/