JPMorgan Chase believes the stablecoin market value increases to $2 trillion

Foresight News According to the Economic Times, JPMorgan Chase believes that the frequently mentioned stablecoin market can grow to $2 trillion in the recent push for the first time in the U.S. cryptocurrency market regulation bill, according to the Economic Times, JPMorgan Chase believes that the forecast that the frequent-mentioned stablecoin market can grow to $2 trillion is "slightly optimistic." Currently, all stablecoins have a market capitalization of approximately $260 billion. "It's hard to believe that the market will grow significantly in the next few years, because the infrastructure/ecosystem that supports stablecoins is far from being developed and takes time to build." Despite the recent increase in market interest in stablecoins, they still account for less than 1% of global capital flows, indicating that such digital assets still have a long way to go in disrupting the financial system.
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