JPMorgan analysts project tokenized money market funds will stay below 15% of the stablecoin market, even as the bank launches a $100M tokenized fund on Ethereum.

The bank said tokenized money market funds account for only about 5% of the broader stablecoin universe despite offering yield.

Tokenized money market funds offer yield but still account for only around 5% of the stablecoin market, JPMorgan analysts said.

JPMorgan analysts project tokenized money market funds will stay below 15% of the stablecoin market, even as the bank launches a $100M tokenized fund on Ethereum.