According to Reuters, J.P. Morgan released a report stating that the stablecoin market is expected to reach a size of $500 billion by 2028, significantly lower than the trillion dollar forecasts previously proposed by some institutions. The report points out that the main applications of stablecoins are still concentrated in cryptocurrency trading, decentralized finance (DeFi), and as collateral, accounting for 94% of the total demand; The actual demand for payment is only about 15 billion US dollars, accounting for 6%. J. P. Morgan stated that the prospect of stablecoins replacing traditional currencies in daily payments is still unrealistic, as their widespread adoption is limited by factors such as limited application scenarios and fragmented regulation. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45019