JPmorgan: Growth of the stable coins limited to $ 500 billion by 2028-trillion forecasts classified as overoptimistically

JPmorgan: Growth of the stable coins limited to $ 500 billion by 2028-trillion forecasts classified as overoptimistically
JPmorgan: Stabilcoin growth by 2028 to $ 500 billion
The financial company JPMorgan has published a cautious forecast for the growth of stable coins until 2028. According to the company's analysts, the growth of the stable value -bound cryptocurrencies will only achieve $ 500 billion. This estimate is in contrast to numerous optimistic predictions that assume a possible market volume in the trillion range.
stable coins are digital currencies that are linked to traditional assets such as the US dollar or other Fiat currencies. They are often used for transactions in the area of cryptocurrencies because they offer more stable performance compared to more volatile digital currencies. Despite the increasing acceptance and use of stablecoins, JPmorgan seems to be convinced that the exaggerated expectations of an exponential increase in the market are not realistic.
The cautious assessment of JPMorgan could reflect various factors, including the current regulatory uncertainty of many countries, the technical challenges in the integration of stable coins into existing financial systems and the potential competition through digital central bank currencies (CBDCs) that are developed by governments.
Overall, the company's prediction could stimulate entrepreneurs and investors to rethink their strategies and to adjust to slower but possibly more stable growth in the area of the stable coins.