JPMorgan Chase Strategists Say Stablecoins Could Boost Dollar Demand by $1.4 Trillion

The growing adoption of stablecoins could boost the demand for dollars by as much as $1.4 trillion by 2027, strengthening the currency’s role in global finance, Bloomberg reported Tuesday (Oct. 7), citing JPMorgan Chase strategists. The bank’s strategists have widely varying estimates for the eventual size of the stablecoin market, ranging from $500 billion to … Continue reading JPMorgan Chase Strategists Say Stablecoins Could Boost Dollar Demand by $1.4 Trillion