The adoption of stablecoins could generate an additional $1.4 trillion in demand for US dollars by 2027, if enough overseas investors want to own these digital assets, analysts at JPMorgan said in a note this week.
WHY IT’S IMPORTANT
The potential increase in dollar demand underlines the importance of the burgeoning stablecoin market in traditional finance. JPMorgan believes that rather than accelerating de-dollarisation, the growth in stablecoin adoption has the
