According to Bloomberg, JPMorgan stated that the market's forecast for the total market value of stablecoins to reach $2 trillion by 2028 is "somewhat optimistic". Although Treasury Secretary Scott Bessent recently proposed this goal at a hearing, stating that it is expected to be achieved with legislative support, JPMorgan believes that the stablecoin infrastructure is not yet perfect and it is difficult to support such large-scale growth in the short term. JPMorgan predicts that the market is more likely to double or triple in the coming years, rather than reaching several times the current market value of $260 billion.