JPMorgan: Tokenized Money Funds Unlikely to Top 15% of Market

TLDR JPMorgan said tokenized money market funds are unlikely to grow beyond 10% to 15% of the stablecoin market. The bank’s analysts said tokenized money market funds currently make up about 5% of the stablecoin universe by market cap. JPMorgan said stablecoins still dominate the crypto market because they support trading, settlement, collateral management, and [...]

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