Particle.news
Download on the App Store
7 ARTICLES
·
2d ago

JPMorgan Sees Stablecoin Boom Adding $1.4 Trillion to Dollar Demand by 2027

The estimate reflects the dominance of dollar‑pegged tokens that must be backed with cash and short‑dated Treasuries.

Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration
Image
Jpmorgan: stablecoins to boost us dollar demand by $1.4t
Image

Overview

  • JPMorgan projects that widespread adoption of stablecoins could generate roughly $1.4 trillion in additional demand for U.S. dollars by 2027 in a high‑end scenario.
  • The stablecoin market is currently valued around $260–$304 billion and could climb toward $2 trillion in the next few years, according to the bank’s analysis.
  • Standard Chartered separately warns that up to $1 trillion could leave emerging‑market bank deposits for dollar stablecoins over the next three years, with about $1.2 trillion potentially held in emerging‑market wallets by 2028.
  • Roughly 99% of stablecoins are pegged to the dollar and are heavily concentrated in tokens like Tether and USDC, reinforcing demand for dollars and U.S. government paper.
  • Policy shifts are accelerating adoption, with new U.S. crypto measures and global licensing efforts moving forward, and euro zone finance ministers set to discuss support for euro‑denominated stablecoins.