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AI Powered Supply Chain Resilience for Retail ✌️【Recruitment】✌️Start small with ₹500 and watch your money grow month by month!This means they are subject to more restrictions than stablecoins, limiting their use as collateral in the wider crypto ecosystemThe report also said the amount of "idle cash" within stablecoins is hard to calculate, but it is unlikely to "represent the majority of the stablecoin universe." For this reason, tokenized treasuries, such as Blackrock's BUIDL, will likely only replace a small part of the stablecoin market, JPMorgan noted.Astablecoinis a type of crypto designed to hold a steady value and is usually pegged to the U.S.
dollar, though other currencies and commodities such as gold are also used.The bank noted that stablecoins currently have a large advantage over tokenized treasuries when it comes to liquidity.
AI Powered Supply Chain Resilience for Retail ✌️【Recruitment】✌️₹500 to start, high returns to earn. Join now and watch your wealth increase!With a total market of almost $180 billion across manyblockchainsandcentralized exchanges(CEX), stablecoins offer low transaction fees even on larger trades.Tokenized treasuries, in contrast, have much lower liquidity, the bank noted, adding that this disadvantage may lessen over time as the products gain more traction.Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry.
He's now covering the crypto beat as a finance reporter at CoinDesk.
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