Trump announced that the United States will lead the ships blockaded by neutral countries out of the Strait of Hormuz starting Monday morning, and any intervention will be dealt with forcefully.
🚨The use of stablecoins is skyrocketing, but market cap might not follow suit.
JP Morgan says that the transaction volume of stablecoins is on track for an annual rate of about 17.2 trillion dollars by 2026, with adoption accelerating after the GENIUS Act opened the door for institutional use.
However, analysts warn that higher payment efficiency and increased speed could limit market cap growth, even if usage expands rapidly.
The current market size for stablecoins is around 322 billion dollars, led by $USDT (189 billion dollars) and $USDC (77 billion dollars).