JPMorgan Warns Stablecoin Growth Is Slowing, Predicts $500B Cap by 2028

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Story Highlights* JPMorgan predicts stablecoin market will grow to $500B by 2028, far below bullish $1–2T estimates.

  • 88% of current stablecoin demand comes from crypto-native activity, with payments making up just 6%.
  • Standard Chartered believes U.S. regulation could push stablecoin supply to $2T by 2028.
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