JPMorgan Chase: Tokenized Treasury Bonds Will Challenge Stablecoins But Will Not Completely Replace Them

Cointime2024/10/25 15:11

By: Cointime

Morgan Stanley analysts have stated that the tokenization of national debt markets is growing, and tokenized US government bonds are becoming popular as a substitute for stablecoins. However, the analysts pointed out that regulatory restrictions and liquidity issues suggest that tokenized government bonds may only partially replace stablecoins. The analysts also noted that large stablecoin issuers such as Tether (USDT) and Circle (USDC) do not share reserve profits with users, which not only reduces their income but also classifies stablecoins as securities. This classification would subject them to strict regulatory oversight, which could limit their use as collateral assets in the cryptocurrency market.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14

New spot margin trading pair — LINEA/USDT!

Bitget Announcement•2025/09/11 10:04

JPMorgan Chase: Tokenized Treasury Bonds Will Challenge Stablecoins But Will Not Completely Replace Them

You may also like

Trending news

Crypto prices