JPMorgan Chase: The stablecoin market is expected to grow to $500-750 billion in the next few years

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According to ChainCatcher, JPMorgan suggests that the best estimate is that the stablecoin market size could grow to between $500 billion and $750 billion in the coming years.

Assuming 70% is allocated to U.S. Treasury bonds and 30% to repurchase agreements, stablecoin issuers would become the third-largest buyer of U.S. Treasury bonds.

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