JPM: Don't be too optimistic about the stablecoin market📉💵 The latest report from JPMorgan Chase points out that the market value of stablecoins is expected to reach only $500 billion by 2028, far below the market hype of 1-2 trillion. 📊 🔍 Strategist Nikolaos Panigirtzoglou said: ✅ 88% of current demand comes from native crypto scenarios (trading, DeFi, idle funds) 💻💰 ❌ Payment only accounts for 6%, with limited growth potential 💳🧾 🚫 I am not optimistic about the inflow of bank funds into stablecoins due to a lack of returns and friction in fiat currency conversion 💱🪙 📵 e-CNY、 Alipay and other centralized payments ≠ the Web3 spirit of stable currency 🧠🔗 Standard Chartered Bank expects: 📈 If the Genius Act is passed, the supply of stablecoins could reach $2 trillion by 2028! 🚀📜 📌 Conclusion: Stablecoins are more likely to be DeFi liquidity infrastructure rather than disruptive payment tools in the future. Focusing on compliance, DeFi, and RWA directions may be the key strategy for "seeking victory while maintaining stability" 🛠️📡🔮