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Cloud powered blockchain rewards ✌️【Work-Life Balance】✌️With ₹500, your journey to 100% returns per month starts now! Invest and grow!Stablecoins are unlikely to be fully replaced by tokenized treasuries, JPMorgan (JPM) said in a research report Thursday.It is "conceivable" that over time, tokenized treasuries could replace most of the cash sitting unused within stablecoins, the report said.Still, the bank said a full replacement of stablecoins seems unlikely.
Cloud powered blockchain rewards ✌️【Work-Life Balance】✌️Start with ₹500 and get fast returns through secure and profitable investments.This is because tokenized treasuries are at a regulatory disadvantage due to their classification as securities.
Cloud powered blockchain rewards ✌️【Work-Life Balance】✌️Invest ₹500 in blockchain and watch your profits multiply monthly.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.
Cloud powered blockchain rewards ✌️【Work-Life Balance】✌️Invest ₹500 today and get rewarded with up to 100% returns. Start now!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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