JPMorgan Bullish: Ethereum Poised for ’Meteoric’ Stablecoin Dominance by 2025
Wall Street's crypto skeptics are eating crow—again. JPMorgan just slapped a turbocharged thesis on Ethereum's stablecoin future, and the numbers don't lie.
Why Ethereum? Scalability upgrades finally delivering real-world utility. DeFi's plumbing is now institutional-grade, and TradFi players are taking notice. The network effect is snowballing.
Stablecoin wars heating up. Tether's still king, but USDC and upstarts are carving Ethereum-first strategies. JPMorgan's analysts see a 'winner-takes-most' dynamic emerging—with ETH as the clear infrastructure play.
Cynical take: Banks love stablecoins now that they realize they can't kill crypto. Next stop? Tokenized JPM Coin on Ethereum—with a 2% 'convenience fee,' naturally.