JPMorgan Slashes Stablecoin Forecast: $500B Market Cap by 2028—What’s Behind the Downgrade?
Wall Street’s crypto skeptics strike again. JPMorgan just lopped $500 billion off its stablecoin market cap projection for 2028—but is this pessimism warranted, or just institutional FOMO in reverse?
The numbers don’t lie: The banking giant’s revised forecast suggests stablecoins will grow at half their previously expected rate. Regulatory headwinds? Adoption slowdown? Or just Jamie Dimon’s team struggling to comprehend decentralized finance?
One thing’s certain: When traditional finance ‘experts’ downgrade crypto projections, it usually means retail’s about to get another buying opportunity. Remember when they said Bitcoin would never recover from $20K?
