J.P. Morgan: Stablecoin market expected to reach $500 billion by 2028.

J.P. Morgan stated in a research report on Thursday that the stablecoin market will grow to $500 billion by 2028, a forecast much lower than some more optimistic predictions that the market value of stablecoins will reach $1 trillion to $2 trillion at the same time. J.P. Morgan's view on the stablecoin market is more moderate.