JPMorgan: The stablecoin market is expected to grow to $500-750 billion in the next few years
ChainCatcher news, JPMorgan Chase (JPM) stated that the best estimate is that the stablecoin market size is expected to grow to between $500 billion and $750 billion in the coming years.
Assuming that 70% is allocated to U.S. Treasury bonds and 30% to Treasury repurchase agreements, stablecoin issuers will become the third-largest buyers of U.S. Treasury bonds.
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