币界网报道：JPMorgan analysts express skepticism about stablecoins reaching a $1 trillion valuation, citing regulatory challenges as a major obstacle. In a recent report, the bank highlights concerns over unclear regulations, particularly in the U.S., which could hinder stablecoin growth. While acknowledging their increasing role in crypto trading and DeFi, analysts note that stablecoins' expansion depends heavily on regulatory clarity and institutional adoption. The report also points to potential competition from central bank digital currencies (CBDCs) as another limiting factor. Despite these hurdles, JPMorgan recognizes stablecoins' current utility in facilitating faster and cheaper cross-border transactions compared to traditional systems.