JPMorgan: "Stablecoin market to reach $500 billion by 2028"

JOON HYOUNG LEE

Summary

JPMorgan forecasts that the stablecoin market will grow to $500 billion by 2028.
JPMorgan considers predictions of the stablecoin market, currently valued at $250 billion, reaching $1–2 trillion to be overly optimistic.
Standard Chartered predicted that the stablecoin market will reach $2 trillion by 2028, differing from JPMorgan’s outlook.

There are projections that the global stablecoin market will grow to $500 billion by 2028.

According to CoinDesk on the 3rd (local time), global investment bank (IB) JPMorgan stated in a report that "the stablecoin market will grow to $500 billion by 2028." JPMorgan mentioned that "forecasts that the currently $250 billion stablecoin market will reach $1–2 trillion in the next few years are overly optimistic."

JPMorgan's projection differs greatly from the outlook of global investment bank (IB) Standard Chartered (SC). In a report published this April, Standard Chartered predicted that the stablecoin market could grow to $2 trillion by 2028.

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