TOKENIZED TREASURIES TO CHALLENGE BUT NOT FULLY REPLACE STABLECOINS: JPMORGAN
JPMorgan analysts predict that while tokenized Treasuries are growing and could challenge stablecoins, they are unlikely to fully replace them due to regulatory restrictions and liquidity limitations.
The market for tokenized Treasuries has grown rapidly, nearing $2.4 billion, but remains smaller than the $180 billion stablecoin market. Analysts noted that stablecoins’ advantage lies in liquidity and low transaction costs, even for large trades.
The report pointed out that tokenized Treasuries are categorized as securities, limiting their use to accredited investors and creating regulatory challenges that hinder broader adoption in the crypto market.
