JPMorgan Chase: Stablecoin market size is expected to grow to $500 billion to $750 billion in the next few years

Odaily News JPMorgan Chase (JPM) said that the best estimate is that the stablecoin market is expected to grow to $500 billion to $750 billion in the next few years. Assuming that 70% of it is allocated to US Treasuries and 30% is allocated to Treasury repurchase agreements, stablecoin issuers will become the third largest buyer of US Treasuries.