JP Morgan: Trillion-dollar stablecoin forecasts ‘far too optimistic’

03/07/2025 Argaam

JP Morgan said on Thursday that stablecoin market growth is unlikely to reach $1 trillion by 2028, calling such projections “far too optimistic” amid limited evidence of mainstream adoption of the dollar-pegged tokens.

 

The US lender indicated that payment adoption of stablecoins remains minimal, accounting for just 6% of demand, or about $15 billion.

 

It estimated the stablecoin market at $250 billion, with most usage concentrated in crypto trading, decentralized finance, and collateral.

 

"The idea that stablecoins will replace traditional money for everyday use is still far from reality," it said.

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