最新报道:Tether is launching USAT, a U.S.-compliant stablecoin adhering to the GENIUS Act, with assets held by Anchorage Digital. JPMorgan analysts, led by Nikolaos Panigirtzoglou, warn that this launch, along with Hyperliquid’s USDH and other fintech coins, will pressure Circle. Meanwhile, Robinhood and Revolut are rumored to be developing in-house stablecoins, further challenging Circle’s Arc blockchain strategy. Despite hype, stablecoin market growth has stalled, remaining under 8% of total crypto market cap since 2020, with JPMorgan cautioning that meaningful expansion depends on broader crypto industry growth.