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JPMorgan Chase remains skeptical that the total supply of stablecoins could reach $1 trillion

According to online reports, analysts at JPMorgan Chase said that although the regulatory framework for stablecoins in the United States is gradually advancing, the total supply of stablecoins in the market will triple to quadruple from the current approximately US$240 billion in the next one to two years, close to a trillion dollar forecast is "too optimistic." Of the two stablecoin bills proposed by the United States-the GENIUS bill in the Senate and the STABLE bill in the House, the former currently has more support. Just earlier this week, the Senate voted to advance the GENIUS bill.

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