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Stablecoin Adoption Poised to Drive Dollar Buying, JPMorgan Says
3 Articles
3 Articles
Stablecoin Adoption Poised to Drive Dollar Buying, JPMorgan Says
The global adoption of stablecoins may drive trillions of inflows into the US dollar in the years ahead, even as estimates of future demand for the digital asset vary widely, according to JPMorgan Chase & Co.
·United States
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JPMorgan Chase Strategists Say Stablecoins Could Boost Dollar Demand by $1.4 Trillion
The growing adoption of stablecoins could boost the demand for dollars by as much as $1.4 trillion by 2027, strengthening the currency’s role in global finance, Bloomberg reported Tuesday (Oct. 7), citing JPMorgan Chase strategists. The bank’s strategists have widely varying estimates for…
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Total News Sources3
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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