JPMorgan: The market's expectations for stablecoins to突破 the trillion-dollar mark are overly optimistic.

Despite the strong momentum of stablecoin legislation in the United States (such as the GENIUS Act), JPMorgan analysts are still delaying trillion-dollar stablecoin forecasts, saying that although the U.S. regulatory framework is strengthening, it is “too optimistic” to predict that the total supply of stablecoins could double or quadruple in the next year or two from the current level of about $240 billion (close to the trillion dollar mark). （The Block）