JPMorgan has outlined its forecasts for the future of stablecoins, expecting growth to $500 billion by 2028, contrasting with other more optimistic estimates.
JPMorgan's Expectations for Stablecoins
In a research note published on October 12, analysts led by Nikolaos Panigirtzoglou indicated that the current supply of stablecoins is around $250 billion but could double to $500 billion by 2028. Analysts added that payment usage constitutes only about 6% of total demand.
Comparison with Standard Chartered's Forecast
In contrast to JPMorgan's cautious outlook, Standard Chartered suggested in an April study that with the adoption of the Genius Law in the US, the supply of stablecoins could surge to $2 trillion by the end of 2028. This prediction assumes that legitimizing the sector will attract institutional capital.
The Role of Regulation in the Future of Stablecoins
Both forecasts underline that regulatory changes will be a decisive factor in the future of stablecoins. JPMorgan anticipates moderate growth, while Standard Chartered predicts rapid expansion due to legislative support.
Thus, forecasts for the future of stablecoins range from cautious to optimistic, reflecting the uncertainty of the current regulatory environment and growth expectations in this financial market segment.
