JPMorgan: Stablecoins Hold 95% Advantage Over Tokenized Money Market Funds as of May 21

GateNews
According to CoinDesk, JPMorgan Chase reported on May 21 that tokenized money market funds (MMFs) currently represent only about 5% of the overall stablecoin market, despite offering interest yields. Stablecoins have become the default "cash" tool in crypto markets due to their widespread use in centralized exchanges and DeFi for trading, collateral, settlement, and cross-border payments. In contrast, tokenized MMFs are classified as securities and face restrictions on on-chain circulation due to registration, disclosure, and transfer requirements. JPMorgan forecasts that without regulatory framework adjustments, tokenized MMF market share is unlikely to exceed 10%-15% of the stablecoin market.
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