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JPMorgan Skeptical: Can Stablecoins Really Hit Their Lofty Growth Targets?
JPMorgan Skeptical: Can Stablecoins Really Hit Their Lofty Growth Targets?
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Wall Street's crypto skeptics strike again—JPMorgan throws shade on stablecoin euphoria.
Banks vs. stablecoins: The trillion-dollar showdown
While Tether and Circle paint rosy projections, Jamie Dimon's crew crunches numbers and raises eyebrows. No hard figures? Just 'ambitious' forecasts getting the side-eye from institutional bean counters.
Meanwhile, in crypto-land: 'We don't need no stinking banks!' (Except when cashing out, of course.)
The verdict? Maybe pump the brakes on those 'stablecoins eating fiat' predictions—at least until the suits stop laughing into their balance sheets.
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