On April 28, JPMorgan Chase (JPM) said the best estimate is that the stablecoin market size is expected to grow to $500 billion to $750 billion in the next few years. Assuming that 70% of them are allocated to US Treasury bonds and 30% are allocated to Treasury bond repurchase agreements, then the stablecoin issuer will become the third largest buyer of US Treasury bonds.
JPMorgan Chase: Stablecoin market size is expected to grow to $500 billion to $750 billion in the next few years
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