JPMorgan analysts say stablecoins continue to lead tokenized money market funds in scale, even as both aim to provide liquidity-linked financial products on distributed networks. In the bank’s assessment, tokenized money market funds make up only about 5% of the broader stablecoin universe. The analysts also note that while tokenized money market funds can offer yield, their share remains limited relative to stablecoins. JPMorgan projects that tokenized money market funds are unlikely to grow beyond roughly 15% of the stablecoin market. The discussion reflects a comparison of adoption and market share rather than a claim about overall performance. Across both reports, JPMorgan’s central point is that stablecoins retain the advantage in reach and usage, whereas tokenized money market funds, despite appeal to investors seeking yield, have not expanded as rapidly within the stablecoin category.
JPMorgan says tokenized money market funds remain small versus stablecoins
JPMorgan analysts say stablecoins continue to lead tokenized money market funds in scale, even as both aim to provide liquidity-linked financial products on distributed networks. In the bank’s assessm...
- JPMorgan estimates tokenized money market funds account for about 5% of the stablecoin universe.
- Tokenized money market funds are viewed as offering yield.
- JPMorgan says tokenized money market funds are unlikely to exceed about 15% of the stablecoin market.
- Both reports attribute the market-share assessment to JPMorgan analysts.
- The comparison focuses on relative scale between tokenized money market funds and stablecoins.
Tokenized money market funds offer yield but still account for only around 5% of the stablecoin market, JPMorgan analysts said.
3 months agoThe bank said tokenized money market funds account for only about 5% of the broader stablecoin universe despite offering yield.
3 months ago
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