Stablecoins retain the edge over tokenized money market funds, JPMorgan says
CoinDesk·
60-second summary
JPMorgan reports that tokenized money market funds comprise approximately 5% of the stablecoin market, despite offering yield. This disparity suggests stablecoins remain the preferred choice for investors seeking stable value. The bank's assessment implies stablecoins will continue to dominate the market, with tokenized funds struggling to gain significant traction, indicating a strong demand for stable assets amidst market volatility.
The bank said tokenized money market funds account for only about 5% of the broader stablecoin universe despite offering yield.