Summary
- J.P. Morgan assessed the projection that the stablecoin market could reach $2 trillion by 2028 as "somewhat optimistic."
- The current stablecoin market size is about $260 billion, and J.P. Morgan stated growth of two to three times is more likely.
- J.P. Morgan pointed out that lack of infrastructure, connections with traditional financial systems, and the regulatory environment are limiting factors for growth.
J.P. Morgan evaluated the outlook that the stablecoin market could reach $2 trillion by 2028 as "somewhat optimistic."
According to Bloomberg on the 24th (local time), J.P. Morgan stated, "The forecast that the stablecoin market size will grow eightfold to $2 trillion by 2028 is somewhat optimistic. It is more likely to see growth of about two to three times compared to the current size (about $260 billion)," the firm noted.
J.P. Morgan cited a lack of infrastructure as a limiting factor for growth. Although demand for stablecoins continues to increase, it is analyzed that there is still insufficient connectivity with traditional financial systems, regulatory environment, and technological foundation.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
