U.S. Stablecoin Battle Could Be Zero-Sum Game: JPMorgan
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最新报道：The $270 billion stablecoin sector remains under 8% of crypto's total market cap since 2020, potentially turning new U.S. launches into a zero-sum game without market expansion, JPMorgan notes. Tether plans a fully compliant USAT token for the U.S., while Circle faces competition from Hyperliquid, PayPal, Robinhood, and Revolut. Circle is developing its Arc blockchain to enhance USDC's role, as its supply has surged to $72.5 billion, exceeding Bernstein's 2025 estimates by 25%.
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