JPMorgan Chase: The market share of yield-based stablecoins may increase to 50%

Odaily News JPMorgan analysts say that yield-based stablecoins, including tokenized treasuries, could see significant growth in the future. Analysts including JPMorgan Managing Director Nikolaos Panigirtzoglou wrote in a newly released report that yield-based stablecoins currently account for only 6% of the total stablecoin market value, but may expand significantly, and unless regulations change, it is possible to occupy up to 50% of the market share. In addition, analysts also predict that this growth will continue, especially in today's high-interest environment, and yield-based stablecoins are similar to traditional money market funds in their appeal to investors. (The Block)