JPMorgan dey see $500bn Stablecoin Market by 2028 as Hayes dey urge Bank-Issued Stablecoins to ease US Bond Liquidity

JPMorgan dey predict say global stablecoin market go reach $500 billion by 2028, as USDT, USDC, and DAI go dey used for DeFi, cross-border payments, and inflation hedging. Meanwhile, Arthur Hayes warn say $5 trillion US Treasury bond sales plus rising yields dey strain bond market liquidity. To solve dis, Hayes propose say banks go issue stablecoins—convert $6.8 trillion idle deposits into digital tokens—to add liquidity, cut $20 billion compliance costs, and support bond financing. E talk say regulators prefer bank-backed stablecoins pass fintech ones, dem see am as liquidity tool, no be inclusion drivers. Traders suppose watch Bitcoin, big bank shares and regulatory outcomes, as adoption of stablecoins, digital currencies and central bank digital currencies fit reshape bond liquidity plus the bigger stablecoin market.