Yielding stablecoins currently account for only 6% of the overall stablecoin market cap.
Leading yielding stablecoins have experienced significant growth since the U.S. elections in November, with a combined market cap surge from $4 billion to over $13 billion.
Regulatory approvals and market adoption are contributing to the expansion of yielding stablecoins.
JPMorgan predicts that yielding stablecoins could capture 50% of the market share in the near future, as demand for these assets grows and more regulatory clarity is achieved.