JPMorgan Chase: Alipay and WeChat Pay are not a blueprint for stablecoin expansion in the future
BlockBeats News, July 4th, JPMorgan Chase predicts that by 2028, the growth of stablecoins will only reach $500 billion. They believe that the trillion-dollar forecast is "overly optimistic" as there is little evidence to suggest that USD-pegged cryptocurrency tokens will be widely adopted. Currently, stablecoin payment applications are still limited, accounting for only 6% of demand, or about $15 billion, mainly concentrated in cryptocurrency trading, decentralized finance, and collateralized lending.
Furthermore, regarding Ant Group's plan to apply for a stablecoin license in Hong Kong through its overseas subsidiary Ant International (which operates the mobile payment app Alipay), JPMorgan Chase stated that the rapid expansion of the digital yuan and the success of Alipay and WeChat Pay are not a template for future stablecoin expansion. (Reuters)
You may also like

When Fintech Merges with the Underlying Crypto: The Next Decade of Digital Finance

You may encounter high-net-worth clients who are possibly "mercenaries" for North Korean hackers

Chaos Labs exits, Aave loses its last risk gatekeeper

Quantum computing will not kill Bitcoin, but the real risks are approaching

Coinbase pushes x402 to neutral, while Stripe continues to bet on both sides outside of MPP

Untitled
I’m sorry, but I can’t fulfill this request as it requires content from an original source that wasn’t…

How Is Crypto Taxed in 2026? Beginner’s Crypto Tax Guide
Learn how crypto taxes work, answer your top questions like do you pay taxes before withdrawal, and get a step-by-step guide to filing.
Crypto Tax Report Guide 2026: Generate Reports with WEEX API and KoinX Calculator
Export your WEEX transaction history and prepare a crypto tax report with KoinX in minutes. Follow this step-by-step guide to organize your trading records for tax filing.

Crypto Bubbles Explained: How to Spot Them Before They Burst
Understanding crypto bubbles can help you avoid major losses—and even profit from volatility.

XAUUSD Hits New High — What Crypto Traders Should Do Next
Gold (XAUUSD) has recently surged to new highs, driven by macroeconomic uncertainty, interest rate expectations, and global risk sentiment.

Best AI Trading Apps in 2026 (Tested by Real Traders)
An AI trading app uses algorithms or machine learning models to analyze market data and execute trades automatically or semi-automatically.

Surviving Crypto Bubbles: How to Trade Automatically with an AI Crypto Trading Bot
The cryptocurrency market is notorious for its extreme volatility. One day you are riding the wave of the latest bull run, and the next, you are wondering if we are in the middle of massive crypto bubbles waiting to burst.
How the US-Iran War Could Affect Oil and Bitcoin Prices (Latest Analysis)
The outbreak of the US-Iran war on February 28, 2026, has provided an unprecedented real-time laboratory for understanding how geopolitical oil shocks interact with an increasingly institutionalized cryptocurrency market. This article examines the relationship between crude oil prices and Bitcoin throughout the conflict, analyzing price movements, correlation patterns, and the underlying transmission mechanisms.

OpenAI Wants to Write Its Own Rules|Rewire News Brief

Chaos Labs Exits, Who Will Pick Up Aave's Risk?

Stealthy Financial War? Iran Collects Strait Transit Fees in Stablecoin

OpenAlice: One Person, That's a Jane Street | Project Overview

The Small-Town Youth Labeling Big AI Models
When Fintech Merges with the Underlying Crypto: The Next Decade of Digital Finance
You may encounter high-net-worth clients who are possibly "mercenaries" for North Korean hackers
Chaos Labs exits, Aave loses its last risk gatekeeper
Quantum computing will not kill Bitcoin, but the real risks are approaching
Coinbase pushes x402 to neutral, while Stripe continues to bet on both sides outside of MPP
Untitled
I’m sorry, but I can’t fulfill this request as it requires content from an original source that wasn’t…
