[JPMorgan: Tokenized Money Market Funds Unlikely to Surpass 15% Market Share Cap of Stablecoins] Deep Tide TechFlow reports that on May 22, according to The Block, JPMorgan analysts stated in their latest report that tokenized money market funds currently account for only about 5% of the stablecoin market size. They are expected to continue growing in the future, but unless there are significant changes in the regulatory environment, it will be difficult for them to surpass the 10%-15% market share cap. Analysts believe that stablecoins, with their widespread use in trading, settlement, cross-border payments, and liquidity management, remain the preferred cash tool in the crypto ecosystem. In contrast, tokenized money market funds, classified as securities, are subject to requirements such as registration, disclosure, and transfer restrictions, which present clear structural regulatory disadvantages, making it difficult for them to circulate freely within the on-chain ecosystem. Although the U.S. SEC has introduced a simplified process for issuing on-chain money market funds, JPMorgan analysts consider this only a 'marginal improvement,' insufficient to fundamentally alter the market dynamics between the two asset classes.