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JPMorgan Chase: Stablecoin Total Market Value Expected to Reach Approximately $500 Billion to $600 Billion by 2028

13 hours ago

On December 19, JPMorgan analysts reaffirmed their forecast that the total market capitalization of stablecoins will reach $500 billion to $600 billion by 2028—not the trillion-dollar level. This year, the stablecoin market has grown by roughly $100 billion, pushing its total market cap above $300 billion. USDT’s supply has increased by ~$48 billion, while USDC’s has risen by ~$34 billion—together accounting for most of the growth. Stablecoin expansion remains primarily driven by activity within the cryptocurrency ecosystem. Most demand stems from using stablecoins as cash or collateral for crypto transactions (including derivatives and DeFi lending) and crypto-native firms (such as venture capital funds) holding idle funds.
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A certain Ethereum pre-mine address that has been dormant for 10.4 years has been activated, containing 2000 ETH

On December 19th, per Whale Alert data, an Ethereum pre-mine address dormant for 10.4 years has just been activated. The address holds 2,000 ETH—currently valued at $5,935,398—that was worth just $620 back in 2015.

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Bitwise Managing Director: By 2025, Bitcoin ETP Inflows to Surpass Gold ETP

On December 19, Bitwise Managing Director Bradley Duke noted: “Despite gold’s strong price performance in 2025, fund inflows into Bitcoin exchange-traded products (ETPs) have outpaced those of gold ETPs this year.”

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Cango mined 125.8 BTC this week, bringing the total holdings to 7290 BTC

On December 19, U.S.-listed Bitcoin mining firm Cango announced via X that it mined 125.8 BTC this week. As of now, its total Bitcoin holdings stand at 7,290 BTC.

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In the last 1 hour, the entire network saw a total of $61.8 million in liquidations, with the primary liquidated position being a short.

Dec 19 — CoinGlass data shows total network liquidations reached $61.8 million in the past hour, with $4.59 million in long positions and $57.2 million in short positions liquidated.

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Bitcoin has surpassed $89,000, and Ethereum has surpassed $3,000.

On December 19, HTX market data shows Bitcoin topped $89,000, up 1.37% over the past 24 hours. Ethereum crossed $3,000, posting a 24-hour gain of 2.54%.

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The Federal Reserve Seeks Feedback on Proposal to Establish Limited "FedNow Accounts" for Certain Financial Institutions

The Federal Reserve announced Friday it’s seeking feedback on creating limited “payment accounts” for certain financial institutions. These accounts would let institutions use the Fed’s payment services for clearing and settling transactions—but won’t grant the broader access to facilities that banks currently enjoy. Fed Governor Christopher Waller noted such accounts could “support innovation” while safeguarding the payment system’s security. If established, the accounts would be separate from the Fed’s master accounts, earn no interest, and not have access to the Fed’s credit services. They’d also be subject to balance limits. Waller first floated the idea last October, as the Fed aimed to balance enabling wider use of its payment services by fintech firms and other entities—without giving full master account access to less-regulated groups. (Jinse Finance)

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