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JPMorgan Warns Stablecoin Growth Is Slowing, Predicts $500B Cap by 2028

  • JPMorgan predicts stablecoin market will grow to $500B by 2028, below $1-2T estimates.
  • 88% of stablecoin demand comes from crypto activity, with just 6% for payments.
  • JPMorgan skeptical about stablecoins replacing banks, citing lack of yield and friction.
  • Standard Chartered sees potential for stablecoin supply to reach $2T with U.S. regulation by 2028.

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